Someone please help $BTC before things get ugly. đ
Guys, look at the funding rates â theyâre heavily positive, which could mean too many traders are positioned long.
Because of that, a lot of liquidity may now be sitting on the downside.
$BTC is currently around $84K, and Iâm watching $82Kâ$81K as the next downside levels.
Price action looks weak, and the short-term trend is bearish.
A quick drop could come soon.
NFA. DYOR.
Guys, look at the funding rates â theyâre heavily positive, which could mean too many traders are positioned long.
Because of that, a lot of liquidity may now be sitting on the downside.
$BTC is currently around $84K, and Iâm watching $82Kâ$81K as the next downside levels.
Price action looks weak, and the short-term trend is bearish.
A quick drop could come soon.
NFA. DYOR.
