Let's talk about BTC expectations
Right now, it's clearly bullish, with the short timeframes moving in an upward channel.
The divergence isn't very pronounced.
There are shorts (negative funding rates), but they can’t suppress the price.
Prices are still climbing, with bulls taking the lead.
The market isn't accelerating, so this round of the bull-bear battle won't end.
Currently, there are no reversal signals; it's more about watching for a bounce.
However, this bounce needs some help from the bears (short squeeze).
Only after the bears have given it all will the market possibly enter the third leg of the downtrend #BTC
Right now, it's clearly bullish, with the short timeframes moving in an upward channel.
The divergence isn't very pronounced.
There are shorts (negative funding rates), but they can’t suppress the price.
Prices are still climbing, with bulls taking the lead.
The market isn't accelerating, so this round of the bull-bear battle won't end.
Currently, there are no reversal signals; it's more about watching for a bounce.
However, this bounce needs some help from the bears (short squeeze).
Only after the bears have given it all will the market possibly enter the third leg of the downtrend #BTC
