55 hours ago $BICO shorts were piling into a -15% dump like it was free money. now the tape flipped completely: coin's up 14.5% and those same shorts are paying 0.67% an hour to keep betting against it.
crowd still hasn't caught up either, 61% of accounts sitting short into the rip. that mismatch is the fuel. $181K in fresh positions just showed up in the last hour and the losing side is bleeding about $144K a day to stay in the trade.
BTC's flat, this thing's up on its own story entirely. price already cooled off mid-range from the highs so it's not a straight line up from here, but the setup that started as shorts winning is now shorts paying rent.
NFA
crowd still hasn't caught up either, 61% of accounts sitting short into the rip. that mismatch is the fuel. $181K in fresh positions just showed up in the last hour and the losing side is bleeding about $144K a day to stay in the trade.
BTC's flat, this thing's up on its own story entirely. price already cooled off mid-range from the highs so it's not a straight line up from here, but the setup that started as shorts winning is now shorts paying rent.
NFA