The Leverage Purge Is Over: Why Smart Money Is Loading Up for the 2026 Blow-Off Top

The $1.1T purge validated our Wyckoff warning. Macro liquidity now drives BTC, not the 4-year cycle. Accumulate spot near $94K; target $100K-$120K by Q2 2026, ahead of the predicted Brenner cycle peak.

Nov 18, 2025
The Leverage Purge Is Over: Why Smart Money Is Loading Up for the 2026 Blow-Off Top

Fellow navigators, in our recent community sessions, we've dissected the contours of the crypto cycle—flagging a potential Wyckoff pullback as overleveraged positions met tightening global liquidity. 

What unfolded from October 6 to November 17 was no surprise but a textbook execution: a $1.1 trillion market cap evaporation, Bitcoin's 25% descent from $126,270 to $93,000, and over 1.6 million liquidations. 

This wasn't chaos; it was maturation. As we head into the second half of November, with BTC stabilizing near $94,700 amid extreme fear (Fear & Greed at 17), the signals point to accumulation, not capitulation. Let's review the reset, affirm our foresight, and map the liquidity thaw ahead.

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