Bitcoin AO 📍 88% Bulls are calling for another leg up. Bitcoin rejected off the Gamma γ Band That rejection matters more than the headline rally to $80k ✍️ A lot of bullish positioning entered on this move 🔸 US spot BTC ETFs took in ~$3.3–$3.5B in August 🔸 Global crypto funds printed a $3.2B week 🔸 Sentiment went from fear to extreme greed 🔸 Options skew flipped to call premium That is a lot of bullish positioning for a one-month squeeze So the market is now long the bounce, long the narrative, and long the idea that the bottom is in That is exactly the setup that hunts liquidity If this rejection holds and the late-August ETF bid cools, the path of least resistance is not a grind to $90k. It is a sweep below $62k–$65k, and into the untapped liquidity below $58k That $58k area is the level that actually resets the book. It clears the late-longs, takes the obvious stops, and forces the “new bull market is here” crowd to de-risk. August brought the positioning. The Gamma Band brought the rejection. The next job of this market is to take the liquidity 💦 that rally left underneath and set the actual bottom https://t.co/YXlGXZydAS
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