BITCOIN HEATMAP TRAP!! WATCH BEFORE WEEKEND!! $11M BITCOIN SHORT

Added: 2026-06-05

[00:00:00]Bitcoin is having a humongous crash. I'm still $10 million short and the total profit looks insane because we shorted the top. Come on. And this morning in my Telegram group, which is called Chart Advantage and you should definitely join it after I posted this morning's analysis and I checked at what the chat was saying. Everyone was saying, "Jordan, close the trade. You've got like a humongous amount of profit there.

[00:00:21]Life-changing amount of profit. So, should I close the trade or do I keep holding?" Well, to come to that conclusion, we need data. And I've prepared so much data for you today to ensure I come to the correct conclusion.

[00:00:33]But if you haven't already, drop a like on the video, subscribe to the channel, and turn on channel notifications because I don't just have one trade open. I opened this in yesterday's video and it's been going crazy. It's another milliondoll short position. And the people, they keep telling me I'm shorting the bottom, but I want to explain to you exactly why I'm not I don't I'm not This is not the bottom.

[00:00:52]So, let's begin. Let's look at the total crypto ETF floors, which yesterday were positive by $38.5 million. And when we look on the crypto ETF floor chart, you can see a tiny bit of green. And we've seen these tiny bits of green before, followed by large amounts of red, which is exactly what's going to happen today, or at least I think, because the trend is your friend. Black Rockck and other ETFs have dumped $6 billion in the past month. They've dumped $1.5 billion in the past week. And this morning in the chart advantage telegram, everyone was saying to me, well, Black Rockck bought Bitcoin today, Jordan, that put the ETF flows positive. Surely that makes you bullish. No, because when we go over and we look at the funding rates today, pretty much everything is negative. Now this morning when we looked at this analysis in the chart advantage telegram group which you can find the link for to join this group by going down to the video description and clicking on my free telegram but in the group this morning we established look we've got very positive funding on bingx gate and bitgate and very very positive funding on white bit. We didn't have a clean sweep of negative across the board but right now we do. It's been about 6 hours and I'm telling you now the market is setting itself up for a dump. It's going to be brutal. You see crypto's got a volume problem. Bitcoin volume went down 10% today on spot and it went down 12.5% on futures, meaning that spot is outperforming futures slightly. More importantly than that though, yesterday's volume was about $12 billion. But even more important than that is over here we've got the futures volume and the spot volume, take a buy versus take a sell. Now, a taker is different than a maker order. If you place a taker, that's when you place a market order and you place a market direction. You buy off of the market.

[00:02:27]Whereas a limit order, you place an order in an order book and you hope that somebody takes your order. Limit orders are way cheaper, but they don't always get filled. And so we can read this as market direction because this people that are trading this are paying slightly more in fees to ensure that their trades actually execute. And we can see here on spot net sell pressure ever so slightly. But on the futures volume, this is where it gets super fun for us because this is the part of the data that nobody can read. So we've got net futures buy pressure right now. Ever so slightly net futures buy pressure 50.29. 29%. On the surface, good until we look over at the 24-hour Bitcoin liquidation heat map. And on here, you can see that this morning, we took out a peak range of liquidity. And after we took that range out, the price started bouncing to the upside and people started longing. But when we go over to the 48 hour, we can see things start to happen. So, what this is here is this is a range of short accumulation. And if you want to make another move into this juicy liquidity below the current price, you need people to long it so that when the price goes down, those people get forced to close their positions, further making the price go down. So on the surface, a long position here looks like, oh, the market's getting bought up. But because spot volume accounts for only 9% of the overall market right now, on average across the course of the past month, spot volume accounts for 7% of the overall market because there is no spot buying pressure and yet you have futures buying pressure. When Black Rockck wakes up again today and decides, well, that we just did it to make the number go green to stop the streak of Red dumping Bitcoin. They're going to wake up and they're going to sell another 5,000 Bitcoin because they're going to sell at least 5 billion worth of Bitcoin in total. Today's the start of a new month and it's IPO month. It's the month of which all of this IPO business is starting to happen. And that means crypto takes a back seat. But that's good for us because we're smart and we go short. Like just look at this trade. I'll show you this one now and then we'll look at the absolute monster afterwards. But this trade here is a core example of why you should enter the 10K to a million trading challenge. I started this week in the account with about $12,000. And through trades I've placed on the YouTube channel this week following my own analysis on a separate account, not the giant huge account, I've made it to $158,000.

[00:04:29]And all it took was a lot of leverage and some really good timing. I don't consider leverage dangerous for me. It's when people use too much leverage at the wrong time. That's when it's stupid. But I spend my life staring at a chart here so that you don't have to. And I'm about to start the Chart Advantage $10,000 to a million dollar trading challenge.

[00:04:46]We've now got 247 people going to join us on this quest. And if you want to have a crack at this as well, you can either join it through my free Telegram group or you can just click this link here in the video description and join it directly. Again, it's completely free cuz I make quite a lot of money as you all might have found out about this week. I'm doing this because I want you to stop bumbling around in the market and actually make some real money. And if you're wondering where I am today, I'm in my second house because the main house had a power cut. But the only reason I could afford two houses in Thailand is because I actually make money. But back to analyzing the data for the day, this is the 1h hour Bitcoin volume chart. And you can see here that as the price has been going down, the volume has been rising. But I said today we're going to get a bigger candle. But where we need the bigger candle is on the daily chart. And we're having one, but it that's today's and it's still a little bit low. But my expectation is that candle ends up the same size as that candle and we end up with a big capitulation wick. Now that does mean a big bounce up at the bottom. And so the question becomes in terms of the wick off accumulation pattern, can we make it all the way down there? Well, before making any assessment like that, we need more context about what is going on in the market. And when we look at the Bitcoin exchange balances today, we see it rose again by another 10,000 Bitcoin.

[00:05:56]Meaning that this week over 30,000 Bitcoin deposited on the exchange. We also see that today we had an increase in the amount of USDT. Now only a very slight increase of around $300 million which to me indicates exchanges adding liquidity for the increased amount of Bitcoin that has been deposited on the exchanges so that they can service all of these sell orders.

[00:06:15]>> Sounds about right.

[00:06:16]>> And all of this ties in line nicely with the Bitcoin historical volatility index which we're expecting a rise up in at the moment as this crash only continues to get worse. And right now we had an uptick. I think it was on Tuesday and today we have gone down ever so slightly which is exactly what we did when we rose up here came down a little bit and then went boom it's all a game of maths is this and one of the most mathsy and accurate tools in the market is the Bitcoin aggregated open interest chart and you might look at that and go well that just looks the same as that and it does but where you make the money is the parts where you can read what this data means and today I've reduced the scale onto the 15-minute chart because as this range is compressing you're getting less and less visible able information here.

[00:06:57]There's an argument to be made that they make this data really hard to read on purpose because this chart effectively gives you the power to frontr run every market maker on Earth. And this morning in the Chart Advantage Telegram group, I did a complete detailed breakdown of this chart. And if you want to see it, all you have to do is click on my free Telegram in the video description. And while you're down there, would you mind pressing that like button and turning on those channel notifications and I'll explain this data. But what I've done here is I've drawn a bunch of lines on the chart and we can go through this candle by candle.

[00:07:27]>> That's beautiful. And we'll start out here during the crash. So on this particular candle, the price came down and liquidity rose. That meant that somebody was shorting. Then in this next candle here, again, liquidity went up and down and we formed a bottom indicating that somebody opened a bunch of long position and there's an element of short profit taking. We then see a significant like three or $400 million rise in liquidity as the price bounces.

[00:07:49]And that to me indicates both shorts placing themselves and long because the price didn't do so much. And then liquidity drops off over the next two candles and then rises significantly as we saw some significant amount of long positions enter the market on those two candles. But that liquidity didn't stay for very long. It left the market as fast as it entered the market. Everyone took profit. And right now we've got the same amount of liquidity in the market as what we did when the price was down here. And yet the price is up here. Now the way this sits for me is it what it shows is more short accumulation in this range and we can see that short accumulation because the price got pressured down but when it got pressured down we started having a rise back in open interest before we hit the bottom and the trend of course over the long term right now is of course open interest is dropping significantly and and when I look at this I'm just like well where is when is that part going to happen? So from my perspective, the aggregated open interest right now suggests short accumulation, people entering desperate long positions. And I forgot we were going through the liquidation heat maps here. And let me explain what they do. So people basically when the price is going down, getting pressured down by spot selling.

[00:08:47]It's not getting pressured down by shorting. And what's happening on these bounces is people get tempted into it.

[00:08:52]They start longing it. Then they get close back to the liquidation point.

[00:08:54]When the price comes back down again, then they get liquidated in the future.

[00:08:57]And then when we go over to stuff like the weekly heat map, which is this here, you can see a massive range of liquidation all the way up at $75,000.

[00:09:04]And people think of that as a magnet, but it's not. It's a trap. That's a trap. That is literally a heat map trap.

[00:09:09]We know it's a trap because when we go over to the one-mon liquidation heat map, that level at $75,000 has disappeared. And it's because in the grand scheme of things, there hasn't been any time for that liquidity to build up in that range. So there's no massive incentive for the price to go up because there's no money above. All of the money right now is sitting below.

[00:09:24]But you can only see that on the one-year Bitcoin liquidation heat map.

[00:09:28]And when we look on the one year, there's so much juice sat just below the current price and there's nothing above it. It doesn't look honestly like a terrible time to be buying Bitcoin. It just looks like we're going to have another stab at the floor. So why should I close my trade? And we'll get on to that in just a second. But there is something else you should know about which is on Hyperlid right now. There's 37,500 traders longing and two 23,687 shorting. This ratio makes absolutely no sense. retail is is clearly long, but they're all long on derivatives. They're not long on spot, which means that there is no price basis. There is no support.

[00:09:59]But just before we discuss my current open trades, as well as the levels for support and invalidation of my theory, which you need to know, you need to know when you're going to be wrong, I want to show you the crypto news because it's terrifying. Did you see what happened to Zcash today? Zcash absolutely shat its pants. It went from being $620 this morning to right now being $324.

[00:10:19]This is because of a bug that went undetected for 4 years. Just another reminder, you can't trust DeFi. That's not DeFi. But I mean, Zcash is trash.

[00:10:27]It's always been trash. If you want to do things, use Monero. The news, the Clarity Act is not going to pass. I'm telling you, Trump's lost control. In other news, Hyperlquid has started dumping and Arthur Hayes has exit his position cuz he's really confident. And that's why he's really confident because he's selling all of his things because he's so confident in the future. Follow the money, not what they say. XRP's been dumping. Coinbase is launching tokenbacked mortgages. Basically, this is actually pretty interesting. They're going to use USDC to pay for houses.

[00:10:55]This is part of Coinbase becoming the new Black Rockck. I guess they need a side hustle in a bare market, especially when this man's in town. He's literally lost more money than anyone on Earth.

[00:11:04]Nobody in the history of humanity has ever been 11 billion in a loss as an individual. It is the single largest on paper loss in history. Nexus has been dumping Ethereum because everyone's got so much confidence. Yeah, guys, it's a great idea. If you scroll, if you type in Bitcoin on YouTube right now and you scroll down, everyone's telling you buy Bitcoin, buy the dip, buy the dip. We'll see. I think that you should also buy the dip, but just not yet. It's too early. These guys are offloading and you're jumping in. You've got to wait for the part where no one cares. That part goes on for time. People are arguing on Poly Market because they keep changing the bets, which completely undermines the entire thing. And that again, and can we take a collective wild guess as to what's in today's normal news?

[00:11:44]>> Take a wild guess. There's not going to be peace in the Middle East. The Americans don't think that this thing is going to have an effect on this thing.

[00:11:50]There's definitely just not going to be peace in the Middle East. There could be peace in Russia and Ukraine, which I am very hopeful for. And out of them all, that would be a really good one to end because it would have a genuinely very positive impact on the world. There might even be peace in North Korea. But either way, things are going terrible and they're about to get worse because that that's coming back into the question all SpaceX gets a reality check, realizing there isn't enough money on Earth to invest in that thing.

[00:12:14]It reminds me of all the crazy FDVS of all of the altcoins back in altcoin season. Both the Asian tech market and the American tech market have been performing terribly. So, with all that being said, how much profit do we have right now? Well, the answer is over $2 million.

[00:12:28]>> Wow. Oh my god.

[00:12:30]>> I've got 4.3 million in my account.

[00:12:33]>> OH MY GOD.

[00:12:35]>> WOW. WOW.

[00:12:36]>> I started trading this what 2 weeks ago now with $2 million. I'm here to prove to you that it is possible. And so the question becomes, at what level is this theory invalidated? And realistically, where am I going to take profit? And as you all know, I'm a huge fan of the Bitcoin wickoff accumulation pattern.

[00:12:50]And I really believe this is going to play out, which means that even when we do inevitably bounce soon, I still probably expect lower. And that level down there, that is about $44,000. And we already broke down out of the head and shoulders pattern. And currently, we are trying to make a higher low, but I'm praying it turns into a lower low. The other thing to remember is there's still CME gaps galore right now. There's one over here at about $58,000. And that realistically for me is about my take profit. I think we will go lower than $58,000, but I'm not going to be super greedy on this. I think I do have a habit of changing my mind depending on the way that we approach a support or resistance level. So, if you want to stay up to date on all of my trades anyway, you should be in the Chart Advantage Telegram group and you know where to find the link. But, let me show you my target. Yeah. So, previous range value area low breakdown was when we lost that level of support and we dropped down there. We've then come down to the next previous value area high, which is this here. And then if we were to plot out another range before that, we would have the ultimate bottom of this bare market. That being what people think is going to be the bottom with this peak range of liquidity down here at $20,000. It would make more sense to come down and retest this previous value area low. It's been an incredibly long time since we've done any trading in that range, and it honestly be fascinating to see it come back there. I believe it can get back there because I understand how big those ETFs and how bloated those ETFs have got. And genuinely, I think we might see Ethereum below $1,000. And I I honestly I so hope that these trades here, that one's Bitcoin, that one's Ethereum, that one's Salana. I It'd be so nice to see all of these plus $1 million. I'm not saying I'm going to hold for that. What I'm saying is join the Telegram, get yourself in on the $10,000 to $1 million trading challenge. I filmed a tutorial today, so it's going out tomorrow. So, be prepared. This weekend's going to be busy, but it's going to be fantastic.

[00:14:34]So, slap a like on the video. Check out the link to Yubit in the video description for a 25% trading fee discount forever, as well as up to $50,000 in deposit bonuses. You will need an account on Yubit to do the $10,000 to a million dollar trading challenge, and I honestly can't wait to get started. So, slap a like, subscribe, and I'll see you in the next video.

[00:14:49]Jail.