![There will be a violent washout of Bitcoin next. Don't buy the bottom too early. It won't stretch quickly in the short term. What you need to do now is to wait patiently for a good buying position, keep your bullets, and don't get hung up on it. When you buy the bottom, you will run out of bullets! Bitcoin market analysis [Issue 725]](/uploads/2026/08/23/cryptocurrencies-news/videos/origin_6a8afd33c749f_image_500_375.webp "There will be a violent washout of Bitcoin next. Don't buy the bottom too early. It won't stretch quickly in the short term. What you need to do now is to wait patiently for a good buying position, keep your bullets, and don't get hung up on it. When you buy the bottom, you will run out of bullets! Bitcoin market analysis [Issue 725]")
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LookonchainAug 24, 2026 at 09:06 am
Abraxas Capital is shorting the market, building ~$783M in short positions on Hyperliquid. At the same time, Abraxas Capital is hedging heavily with spot buys, withdrawing 73,872 ($173.17M) from #Binance over the past 4 days. https://arkm.com/explorer/entity/abraxas-capital-heka-funds… https://hypurrscan.io/address/0xB83DE012dbA672c76A7dbbbf3E459CB59D7D6E36#perps…
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Ez MoneyAug 23, 2026 at 04:21 pm
Weekly SFP not to be faded imo, even though the market is incredibly bullish couldn’t fade that. We traded all the way to final TP and now in the short, gg backtested the CC also and rejected, and had my eyes on this area for a while. No specific TP’s for /Time for a pullback?
$ETH $XRP $SOL SFP? 
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