$BB: In this drop, I actually want to see whether the bulls will panic first.
Just now I took a look at some data, and there’s one point that caught my attention.
The price has been falling, but the big players’ long/short positioning ratio is still 2.48.
Meaning: the group with the heaviest positions is still leaning toward the long side.
They haven’t exited.
There are two possible explanations here.
First:
The big players misjudged it. Next, they may be forced to cut losses, and the price could accelerate downward.
Second:
The big players know something we don’t. They’re waiting for a certain level.
Once retail traders have all been stopped out and fully exit, then they push the price upward.
If it’s the second scenario, then people chasing shorts right now could actually become fuel.
So for now, I’m only watching the 0.0099 level.
Break below, and OI is still rising → that suggests new shorts are entering, and you can start looking for short opportunities.
Hold the line, and buying comes back → the big players’ logic might be correct, so anyone chasing shorts should be cautious.
Right now, I’m not guessing the direction.
Let the market tell me the answer first.
Click the card below to quickly check the行情👇
Just now I took a look at some data, and there’s one point that caught my attention.
The price has been falling, but the big players’ long/short positioning ratio is still 2.48.
Meaning: the group with the heaviest positions is still leaning toward the long side.
They haven’t exited.
There are two possible explanations here.
First:
The big players misjudged it. Next, they may be forced to cut losses, and the price could accelerate downward.
Second:
The big players know something we don’t. They’re waiting for a certain level.
Once retail traders have all been stopped out and fully exit, then they push the price upward.
If it’s the second scenario, then people chasing shorts right now could actually become fuel.
So for now, I’m only watching the 0.0099 level.
Break below, and OI is still rising → that suggests new shorts are entering, and you can start looking for short opportunities.
Hold the line, and buying comes back → the big players’ logic might be correct, so anyone chasing shorts should be cautious.
Right now, I’m not guessing the direction.
Let the market tell me the answer first.
Click the card below to quickly check the行情👇