Technical analysis by EXCAVO about Symbol BTC: Sell recommendation (10/11/2025)

EXCAVO
فاجعه رمزارزها: چرا بازار خونین شد و کف قیمت کجاست؟

I want you to look closely at this chart. These aren't just lines and candles. This is a timeline of warnings. September 12th, 23th, 30th, October 6th, October 10th—I was screaming that the top was in. I told you I was getting out of the market. For this, I received more hate than I have in my entire career. 90% of the comments disagreed with me. But I knew what I was signing up for. I wanted to warn you. And I am grateful to those who listened. And today, we saw the price the market pays for euphoria. This Isn't a Meme. This is a Tragedy Today was not just a "liquidity grab." It was the robbery of 1.6 million traders for $10 billion. And these are not just numbers. Today, a trader I knew from competitions, Kostya Kudo, took his own life. This is no longer a joke. This is not a meme. People are dying. The best are leaving. We cannot watch this like it's some internet meme while real lives are being destroyed. How Did This Happen? The Anatomy of a Perfect Storm Of course, someone dumped a large volume. But why was the fall so deep and so fast? Cascading Liquidations: The first wave of selling triggered a chain reaction. A Vacuum in the Order Book: I've known this since 2019. During crashes like this, market makers simply switch off their algorithms to avoid losing money. They pull their liquidity. The order book becomes empty. Any sell order moves the price down by hundreds, thousands of dollars. This isn't a market. It's a vacuum. The Exchanges Are the Winners: Where are those $10 billion now? With the centralized exchanges. And no one will be compensated. You'll just be told, "Manage your risk next time." Why This Is Only the Beginning. The Road to the Bottom I cannot be liquidated. I am entirely in stablecoins, just as I said I would be. I am tired of this aggressive environment. But why am I certain we are going lower? Only futures traders have been liquidated so far. But there is an army of players using leverage through collateral. They collateralize BTC/ETH, receive stablecoins, buy more BTC/ETH with them, and collateralize again... creating a pyramid. They are waiting for BTC at $200k. With a 40-60% drop from the peak, this pyramid will begin to collapse, causing a new wave of forced selling. The bottom, by my calculations, will be around $60,000 - $65,000. And who needs these liquidations? The major financial players who need a good entry point. They don't buy at the highs. They buy on blood. An Address to Every Trader I want to speak to every one of you. Analysts, traders, investors, speculators. You work alone. One-on-one with your decisions, with your problems, in front of a screen. I have immense respect for everyone who has stepped onto this path. You have entered a hostile environment where the smartest algorithms and entire corporations want to take your money. I am disappointed myself. I was expecting an "altseason" that never came. And I admitted it in time: "Altseason" is a scam. A meme that no longer works with a million coins on the market. This isn't a flip-flop. I was following my plan: stay in until September. To those who are waiting for the market to fly up now "without the excess baggage"—good luck. I am not participating in that. I will return to active buying closer to September 2026. Who is left to push the market up? The 1.6 million liquidated traders? The traders who are no longer with us? This post is not gloating. It is pain. And it is a final warning. Protect yourselves and your capital. Best Regards EXCAVOThe next weekly candle will be red