Short excerpt from a YouTube video ("Harvesting Shorts in Bitcoin Markets") by Kosta Ouzas describing how, in 2024, concentrated algorithmic and institutional activity leads to deliberate "harvesting" of short positions when market conditions are "thick". The speaker points to a charted example where institutions/algo programs seized an opportunity to force short-covering, noting the pattern repeats and is stronger than before.
Look what happened in this area here in 2024 once it got heavy composition, right? That makes sense. If your institutions. And there's thousands of institutions with thousands of algorithms all running programs, right? It makes sense to harvest it when it's time, when it's thick, right? So they broke it out here. They harvest the shorts right here, right? All of it. And here we are again. This looks very familiar, right? It's even more than it was last time.
