Non-Farm hasn’t even officially made its appearance yet, but longs and shorts have already started fighting near 65,000.
One side is BTC pushing higher, while the funding rate has turned back bearish again—indicating that many people don’t really believe this rally, and some even want to short more as prices rise.
At times like this, the worst thing isn’t whether the data is good or bad, but whether market expectations diverge from the actual data. Once it comes in beyond expectations, the positions that were stacked up earlier can quickly turn into fuel in an instant.
Tonight is likely less about guessing who’s right on direction, and more about who can withstand the first round of back-and-forth washouts.
$NVDAB $MSFTB
#SK海力士拟191万亿韩元投建M17工厂
One side is BTC pushing higher, while the funding rate has turned back bearish again—indicating that many people don’t really believe this rally, and some even want to short more as prices rise.
At times like this, the worst thing isn’t whether the data is good or bad, but whether market expectations diverge from the actual data. Once it comes in beyond expectations, the positions that were stacked up earlier can quickly turn into fuel in an instant.
Tonight is likely less about guessing who’s right on direction, and more about who can withstand the first round of back-and-forth washouts.
$NVDAB $MSFTB
#SK海力士拟191万亿韩元投建M17工厂