TAC’s rebound is just for distribution—go short immediately! There are 20 layers of sell orders on the spot at 5.21 million; the buy-wall at 4.77 million was crushed down to dust. In 4 hours it fell net by 30%, and in 24 hours by -28%. The futures market actively had sell orders at 53%, open interest shrank by 12.5% over 7 hours. Even big accounts are also withdrawing longs. Short from 0.0032; take profit in three layers at 0.0030 / 0.0028 / 0.0026, with a stop loss at 0.0036.
