$BTC SHORT SELLERS WILL BE PUNISHED 🚨
❎According to the Funding Rate metric, after the price drop from $83,000 to $60,000 - the rates are extremely negative (short sellers pay long holders) participants are actively shorting the market despite the recent rebound (this confirms the hypothesis from the review that short sellers may be seriously tormented by a rise before the next wave of decline)
📈If in the zone of $74,500 - $75,000, where most are planning to sell (short/close longs) the price stabilizes and the market absorbs the sales, it means someone large has bought. After that, I believe the rebound may continue up to the zone: $80,000-$84,000 (so if you’re looking for a short - keep this in mind, allow yourself the opportunity to add to your position higher without increasing risks)
❎According to the Funding Rate metric, after the price drop from $83,000 to $60,000 - the rates are extremely negative (short sellers pay long holders) participants are actively shorting the market despite the recent rebound (this confirms the hypothesis from the review that short sellers may be seriously tormented by a rise before the next wave of decline)
📈If in the zone of $74,500 - $75,000, where most are planning to sell (short/close longs) the price stabilizes and the market absorbs the sales, it means someone large has bought. After that, I believe the rebound may continue up to the zone: $80,000-$84,000 (so if you’re looking for a short - keep this in mind, allow yourself the opportunity to add to your position higher without increasing risks)
