$By the way, short positions are crowded, and there’s a violent pump that leans bullish—be cautious about chasing. No long lower shadow: from 18:00 to the full hour, it rose from around 0.628 to a high of 0.915, then closed at 0.751. Volume is about 20.7M U; earlier hours were only about 4.0—12.0M.
Global short accounts still around 66%, and large-holder accounts shorts around 70%, but large holders’ long holdings are about 67%—there’s a split between accounts being bearish and positions being net long, and that clash hits just when fresh volume pushes the rally.
Path: from 18:15—18:30 there was a continuous climb, then it retraced, and now around 0.73 is digesting the upper wick; funding rate about +0.08%. The conflict is that crowded short accounts meet a breakout rally with rising volume.
Next: lean bullish but stay cautious and don’t chase the shadow wick. For the next 15 minutes, first watch whether 0.68—0.71 can hold. Only if it stabilizes at 0.75—0.78 should we talk about extension. If the 1-hour candle closes below 0.622 (the 18:00 low), the pullback path becomes dominant again. $BTW #BTWUSDT #短线 #Contract
Global short accounts still around 66%, and large-holder accounts shorts around 70%, but large holders’ long holdings are about 67%—there’s a split between accounts being bearish and positions being net long, and that clash hits just when fresh volume pushes the rally.
Path: from 18:15—18:30 there was a continuous climb, then it retraced, and now around 0.73 is digesting the upper wick; funding rate about +0.08%. The conflict is that crowded short accounts meet a breakout rally with rising volume.
Next: lean bullish but stay cautious and don’t chase the shadow wick. For the next 15 minutes, first watch whether 0.68—0.71 can hold. Only if it stabilizes at 0.75—0.78 should we talk about extension. If the 1-hour candle closes below 0.622 (the 18:00 low), the pullback path becomes dominant again. $BTW #BTWUSDT #短线 #Contract
