$BTC SUNDAY UPDATE 🚨

We’re still holding our short position from the last 85 days, and it’s been playing out exactly as planned.

Bitcoin dumped multiple times from the 116K–124K short range which has been our sell zone every time, and we’ve stayed patient, holding through every bounce.

Right now, BTC is trading around 110K, sitting just below the 1D 50 EMA, currently near 112.7K. If BTC breaks and holds above 112.7K, there’s a chance we could see 116K–117K, and that’s exactly where I’ll be adding more shorts. 🚨 My main target remains below 100K.

BANKS UNDER MASSIVE PRESSURE 🏦

Liquidity stress is building fast. The Fed may pause QT, but that doesn’t mean money is coming back. There’s no QE yet. Banks are struggling to stay liquid as repo borrowing just hit $50B in a single day and reverse repo usage spiked again.

That’s a clear sign the system is tightening. If this continues, we could see forced selling across risk assets. I’m still short on BTC until the Fed is forced to print again. That’s when the real rally begins. 💥

In simple terms:
🏦 Banks are showing signs of liquidity strain.
💸 QT is removing cash from the system.
📊 The Fed saw a surge in overnight borrowing.

#Bitcoin #BTC #Crypto #MarketUpdate #Liquidity