$BTR There are so many short positions—be careful 🔥
Right now the holdings have stabilized, but the large players’ long/short ratio is still clearly skewed bearish—nearly 80% are short positions. With so many shorts pressing down, BTR not only hasn’t fallen; instead, it surged straight up on a small piece of good news.
What does that indicate? The lower support is not weak, and the shorts may even turn into fuel for the upside later.
Next, look at market cap: BTR is only a bit over 50 million at the moment, with a very light float. If more capital continues to come in, the upside “elasticity” will be extremely strong.
HaiTang trading suggestion: Don’t try to guess the top for now. If it pulls back, keep looking to go long. If it pulls back to around 0.15, you can go in. The target is to watch for new highs.
$AKE $ETH #加州通过法案拟禁官员发行Meme币 #SOL本周上涨20% #沃什称通胀是美联储首要关注
Right now the holdings have stabilized, but the large players’ long/short ratio is still clearly skewed bearish—nearly 80% are short positions. With so many shorts pressing down, BTR not only hasn’t fallen; instead, it surged straight up on a small piece of good news.
What does that indicate? The lower support is not weak, and the shorts may even turn into fuel for the upside later.
Next, look at market cap: BTR is only a bit over 50 million at the moment, with a very light float. If more capital continues to come in, the upside “elasticity” will be extremely strong.
HaiTang trading suggestion: Don’t try to guess the top for now. If it pulls back, keep looking to go long. If it pulls back to around 0.15, you can go in. The target is to watch for new highs.
$AKE $ETH #加州通过法案拟禁官员发行Meme币 #SOL本周上涨20% #沃什称通胀是美联储首要关注
