2/ Funding remains amazingly neutral - negative.

https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔥" title="Feuer" aria-label="Emoji: Feuer"> Bullish $BTC
3/ #BTC https://abs.twimg.com/hashflags... draggable="false" alt="">’s correlation to traditional markets appears to be unwinding.

If this persists in the coming weeks, it’ll be the biggest story in crypto.

https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔥" title="Feuer" aria-label="Emoji: Feuer"> Bullish $BTC https://mobile.twitter.com/ercwl/status/1318596300875698178">https://mobile.twitter.com/ercwl/sta...
5/ Skies are mostly clear above $12K across exchange orderbooks.

Chart below is Binance, but pretty much everything looks like this right now.

https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔥" title="Feuer" aria-label="Emoji: Feuer"> Bullish $BTC

Chart from @tradinglite
7/ Balance on exchanges continues to drop.

No sell side liquidity crisis yet, but a sustained break above $12k could change things quickly.

https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔥" title="Feuer" aria-label="Emoji: Feuer"> Bullish $BTC

Data from @glassnode
8/ Daily active addresses to price divergence is surprisingly weak.

This has happened before under bullish conditions, so I wouldn’t be too stressed about it.

https://abs.twimg.com/emoji/v2/... draggable="false" alt="🌒" title="Zunehmender Halbmond Symbol" aria-label="Emoji: Zunehmender Halbmond Symbol"> Neutral - Bearish $BTC

Data from @santiment
9/ Meanwhile ETH/BTC is tanking, and alt holders are getting rekt.
10/ Too many people were unprepared for this.

I’m no maximalist, got plenty of love for crypto all around, but you gotta respect the king. https://abs.twimg.com/emoji/v2/... draggable="false" alt="👑" title="Krone" aria-label="Emoji: Krone">
You can follow @ColeGarnerBTC.
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