$BTC 1H BB also squeezed to the extreme, fkn nuts

$ETH 2D candle just printed and it's continuing to squeeze!

$BTC 2D BB is even more compressed than $ETH

$ETH 2D candle close in 45mins. Still in extreme squeeze and should see it compress even more

$ETH 1H BB in 0th percentile lol 'extreme' squeeze. Should see a move soon but probably nothing big

$ETH 2H BB in 'extreme' squeeze

Retail has been selling $ETH spot over the weekend. Aggregated spot CVD showing \~19K net taker spot sells. This is capitulation.

$ETH net \~50K spot taker buys since the 18th Spot CVDs trending up but need to see some follow through to confirm OI trended up a little, could be shorts loading Funding neutral

Looks like I'm wrong, so far lol although it's weekend now so possibly range until Monday and continue up/down from there $ETH

$ETH 4H candle just opened above mid BB, again

$ETH

$ETH 2D BB in 'extreme' squeeze again but this time it looks cleaner too. Unclear whether it'll break out up or down

Bullish 1D candle printed for $ETH, a doji, but unlikely to lead to a reversal

This $ETH and $BTC PA was max scummy. Truly disgusting. - pump market leading into NY open - no usual 10am slam - market participants regain some bullish hope - market ranges for a coupe of hours, things looking ok - everything dumps again The 10am slam became the 12pm slam

Also: Reflexivity = price changes behaviour and behaviour feeds back into price. Not fundamentals -\> price. Example of a crypto loop: 1. Price starts going up 2. People interpret that as "something is happening" 3. More buyers pile in (spot, perps, leverage) 4. Funding flips

FYI: CTAs are Commodity Trading Advisors. They're basically rules based funds. Something like trend following algos. - they trade futures (rates, equities, FX and crypto via proxies) - they follow price + volatility, not narrative - they scale exposure up/down mechanically

The Xmas -\> New Year window is structurally risk-off for institutional behaviour. It doesn't mean price risk goes down. Participation drops but risk actually goes up. December is a position management month. Not an idea generation month. If you're trading through Dec: - size

This is cautiously bullish