$B
The price is still climbing, but the open interest and capital are pulling out. This is a classic 'bull trap.'
The whales are quietly exiting, and we're likely heading for a significant dip soon; the risk is very high. Let's wait for a breakout above the previous high before looking at a bearish target of 0.544.
The price is still climbing, but the open interest and capital are pulling out. This is a classic 'bull trap.'
The whales are quietly exiting, and we're likely heading for a significant dip soon; the risk is very high. Let's wait for a breakout above the previous high before looking at a bearish target of 0.544.