đ¨Breaking news: Santimentâs sentiment alert just explodedâBTCâs FOMO has surged to the highest level since 2024. The market is completely one-sided and leaning bullish. In situations like this, you should be cautious. Open interest is still skyrocketing: in the past 24 hours it increased by 7.6% to about $156 billion. After shorts were liquidated for roughly $800 million, leveraged funds didnât back offâinstead, they quickly added new positions, which shows the urge to chase longs hasnât cooled down at all. Extreme optimism combined with high leverage often comes first with a downward shakeout. Donât chase the price now; rallies are an opportunity to short. Move fastâtake a portion of the pullback and then exit.
đĽTrading suggestion:
BTCâShortâTake profit: 5%
đĄDonât hesitateâseize the opportunity. The market is highly volatile; be sure to cut losses in time, and strictly control position size.
đĽTrading suggestion:
BTCâShortâTake profit: 5%
đĄDonât hesitateâseize the opportunity. The market is highly volatile; be sure to cut losses in time, and strictly control position size.