BTC | Let's try to understand the Market Maker

1. A large long positions accumulated between April 21 and April 22.
   
   The shorts accumulated on April 22 are already available as liquidity in the market.
   
   That wasn't enough to move the market.
   
   As long as the market makers and we are on the same side, we win.
   
   This refutes the thesis that more short traders will make the price increase.
   
   We should think that if the short rates are more, the price will go to the stop of the short transaction, and if the long transaction is more, it will go to the stop of the long transaction.
   
   Because the market maker and the retailer built their position from different points.
   
   If you look, you can see a historic 3% long rate rise on April 22. This is because the retailer, not the market makers, tries long there. Then immediately they stopped out.
   
   So, from where did the market maker try and what could it be doing during the accumulation phase? First of all, it was dropped to 26.900 levels, which is the stop of those who open long trades.
   
   I know it sounds a bit complicated, but I think if we simplify, now we can go to 29.200-28.700-28.400 levels, which is the stop of short traders. Because the increase in the long rate on April 22 is currently occurs in the short rate.
   
   I think this retailer opened shorts at the prices the market maker wanted and now these shorts can be blown and the descent can continue.
   

Comment:

Things are going exactly as I expected. This made me suspicious. would there be a breakdown of the previous month's high? However, if this breakout occurs, a stop can be placed at 28900 and a new attempt can be made when the price re-enters between 29.200 and 30.400. It is very difficult to grasp whether volatility is an advantage or a disadvantage in the crypto market.

still, it is possible to say that a liquidity zone is formed at 28,300 and above.

Long and short analyzes will be made and additions will be made to this analysis.

there is a 3% shift from long to short from yesterday to today. This again indicates that there may be a shake-up. that's another reason for 29,200. I don't think there will be a decrease without being shaken out completely.

there is a 3% shift from long to short from yesterday to today. This again indicates that there may be a shake-up. that's another reason for 29,200. I don't think there will be a decrease without being completely shaken off.

I know it's a little confusing. however, to put it simply, we did not enter short because the amount of short position was more than long. there is now a further shift to the short side. So I think even faster liquidation candles are possible.

Comment:

A little reminder 29.188 is prev month high and we never comeback and take that liquidity from shorters.

After all, we are doing analysis and I don't want to appear completely neutral, the plans have changed as follows. If the short rate I follow on the coinglass continues to be more than long, I am considering going short at a different place.

In the next comment I will be showing pullback dates and taht at a liquidation candle between 29,188-29,500.

however, when I entered the coinglass data before, it was clear that the excess of longs corresponded to increases and the excess of shorts to decreases, so I stick to the plan and put some money into shorts at these levels.

Trade active:

Halfly active is more true! I don't have confidence in my trade for right now.

Trade closed: stop reached:

hello, it was a trade stop, but we learned a lot on the way.

first, confirmation should definitely be awaited when trading reversals.

Secondly, I think many of our predictions were correct, we predicted that the price would come to buy liquidity, when we did this, the price was around 27.400, I hope I helped those who developed their opinion around this not to open short or open long at those levels.

thirdly, coinglass long/short data must be followed. I'm diary. Big squeezes definitely create nice reverse movements, which we can keep in mind as information we can use.