Capo is insane 😂
“First the chart, then the news” doesn’t work like that. Markets move on liquidity and sentiment, not his ego-fueled fantasies.
Now
Regardless of Capo’s theatrics, $BTC is in a rising wedge but showing strong demand on every dip. Liquidity drives narrative not the other way around. Watch funding and open interest as long as $118k holds
Watching the $118-120k zone for a possible liquidity sweep. A dip into that area would be healthy before continuation toward $128k+.
OI trimming and stable funding equates to leverage reset. You don’t get sustainable rallies without clearing froth first. This phase is just the market exhaling before the next impulse.