Open tradingviews, go to see BTC daily chart with MACD, BTC weekly with steroid CCI, BTC weekly with RSI, what do you notice? Yes, something really really strange is happening, the daily MACD is at a record low level, the second lowest is 2021 mid bull crash, weekly RSI is at 33, nearly the bear bottom level at 2022, weekly steroid CCI is at record low level, the second lowest is 2018 bear bottom. And yet BTC only drops 35%, this is nothing compare to2018/2022 bear. Yet no FTX, no LUNA, no China BTC ban, the price is just dropping.

So what does this mean? My take is because the market is really shallow as liquidity is really tightening right now, that means a 5000btc sell can create a massive drop. The market makers are watching after oct 10 drop, no one is buying due to december uncertainty, RRP is also near danger level, TGA is not going down, all of this together create the curent LIQUIDITY BEAR MARKET, but I belive after the liquidity starts to inject into the market again, the pivot will begin.

Also for chart bros, you may argue bear always begin after btc break 50ema, well, we also break 50ema in 2020 due to covid and quickly rebound, you may say that is a black swan event, but I will say we are going through a black swan event now too, we have seen the record breaking oct10 crash, going through btc crash that breaks macd and cci record, RRP liquidity near danger zone, for me, this is a black swan event too.

debate me if you think anything is wrong

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