$ACH Many long positions haven’t gotten loud yet, but the short side is already getting impatient.
Right now, it’s still not a crowded long-biased order book—this point is important. If buyers take just one more step forward, the short-side pressure could turn into thrust. The market is still leaning toward the short side, leaving fuel for covering. Participation on the contract side has clearly increased.
My first entry price: 0.005055
This trade is based on whether money from the wrong side will loosen up. If it doesn’t loosen, I won’t add.
Current strength: 70. There’s a feel to it, but still—let the order book confirm it.
Right now, it’s still not a crowded long-biased order book—this point is important. If buyers take just one more step forward, the short-side pressure could turn into thrust. The market is still leaning toward the short side, leaving fuel for covering. Participation on the contract side has clearly increased.
My first entry price: 0.005055
This trade is based on whether money from the wrong side will loosen up. If it doesn’t loosen, I won’t add.
Current strength: 70. There’s a feel to it, but still—let the order book confirm it.