#数字资产行情上升 （On-chain alert: Just spotted unusual on-chain data movements, immediately pulled up the monitoring dashboard to double-check. Let me break down the logic behind this signal for everyone）

🚨【Stubborn bulls cutting losses - danger or opportunity?】

18 minutes ago there was a major move: address 0x10a3c (famous in the circle as the "bullish iron-blooded faction") liquidated 93.82 million dollars of BTC long positions in one go, taking a 1.69 million dollar floating loss before stopping the bleeding.

On the surface it looks like losing money and exiting, but there's more to it. The real signal is this: even the most hardened bulls in the market are starting to take losses, which usually means short-term sentiment has already hit bottom. This guy went through several rounds of volatility without budging before, and now he's closing positions - it's not that he suddenly turned bearish, but that his 10x leverage couldn't withstand market swings anymore. These kinds of large-cap high-leverage liquidations typically actually signal that the market is about to shake off the final batch of passive liquidation pressure.

Looking at his remaining position allocation: still 10x leverage, but switched to PUMP and FARTCOIN (that name is indeed funny😂). What does that tell us? One, he's still betting on altseason momentum not fading, and two, he picked more "narrative-rich" tokens to carry this bullish stance. This further validates my judgment: BTC is now entering a high-volatility consolidation period, with capital rotating toward high-risk sectors to test the waters, but the overall bullish framework hasn't collapsed.

Here's my take (those who follow me know my range analysis from last week's livestream）:

1️⃣ BTC's dip at this level will attract institutional-grade buy orders - you can tell from the OTC pool data still showing net inflows;

2️⃣ Altcoin volatility will continue intensifying, liquidations of PUMP-like memecoin leverage positions may have chain reactions, but that's only local risk with limited impact range;

3️⃣ From a macro perspective, the Fed's liquidity policy shift expectations haven't changed - before February it's likely still using consolidation to burn through market leverage.

So don't get spooked by headlines like "whale losses." Remember this: the market always reverses only after completely wiping out most people's positions. I'm still holding my spot position, and if it drops to key support levels I'll keep adding. Panic is someone else's game - I only speak the language of logic and data.

$BTC