BREAKING: Pantera's Cosmo Jiang says positioning is flipping — traders going from net short back to wanting long $BTC 🔥
10 months of range compression. Nearly 50% pullback from highs. But the shakeout might be done.
His read: hot sectors like memory chips and semis pulled momentum away from Bitcoin recently. That rotation drove the dump. Now digital assets are climbing out of the bear phase.
Investors remembering why crypto remains one of the most compelling early-stage asset classes — especially from oversold levels.
Context: 2018 and 2022 bear markets both lasted 12-14 months. This drawdown, measured from the late-2024 peak, sits in that same range now. Not a guarantee of a bottom, but time and price compression already happened.
Same week Treasury doubled bond buybacks. Same week VanEck called Bitcoin a fiscal hedge. Now Pantera saying positioning itself just flipped.
Trade idea: If $BTC reclaims $95k with volume, that's your long setup. Target $102k first, then $108k. Stop under $92k. Risk is clear — either the range breaks or it doesn't. But the macro setup and positioning shift say the next leg could be up.
10 months of range compression. Nearly 50% pullback from highs. But the shakeout might be done.
His read: hot sectors like memory chips and semis pulled momentum away from Bitcoin recently. That rotation drove the dump. Now digital assets are climbing out of the bear phase.
Investors remembering why crypto remains one of the most compelling early-stage asset classes — especially from oversold levels.
Context: 2018 and 2022 bear markets both lasted 12-14 months. This drawdown, measured from the late-2024 peak, sits in that same range now. Not a guarantee of a bottom, but time and price compression already happened.
Same week Treasury doubled bond buybacks. Same week VanEck called Bitcoin a fiscal hedge. Now Pantera saying positioning itself just flipped.
Trade idea: If $BTC reclaims $95k with volume, that's your long setup. Target $102k first, then $108k. Stop under $92k. Risk is clear — either the range breaks or it doesn't. But the macro setup and positioning shift say the next leg could be up.