My friend told me: «Bitcoin is strongly up, so entering to buy is getting crowded». I looked at the whales’ positioning, and the picture was more complex. $BTC
$BTC USDT is moving near $85,795.70. Whales hold about $3.42B in buy positions versus $481.28M in sell positions, with a Long/Short ratio of 711.64%. There are 786 whales buying versus 211 selling, and 75.82% of the long positions are in profit. Funding is positive at 0.0049%, so the buy positioning is clear.
But I’m watching out for a trap risk: the data from the last 30 minutes shows 106 whale sell orders versus 78 buy orders. Crowded buying may support continuation, but it could also trigger a Long Squeeze.
My plan: Entry 85,500–85,900 | TP 87,200 / 88,500 | SL 84,700 | Invalidation 84,200.
If 85.5K holds, I’ll monitor continuation of the uptrend. But a break below 84.7K will force me to reassess without chasing the move.
BlockchainAMIRA
$BTC USDT is moving near $85,795.70. Whales hold about $3.42B in buy positions versus $481.28M in sell positions, with a Long/Short ratio of 711.64%. There are 786 whales buying versus 211 selling, and 75.82% of the long positions are in profit. Funding is positive at 0.0049%, so the buy positioning is clear.
But I’m watching out for a trap risk: the data from the last 30 minutes shows 106 whale sell orders versus 78 buy orders. Crowded buying may support continuation, but it could also trigger a Long Squeeze.
My plan: Entry 85,500–85,900 | TP 87,200 / 88,500 | SL 84,700 | Invalidation 84,200.
If 85.5K holds, I’ll monitor continuation of the uptrend. But a break below 84.7K will force me to reassess without chasing the move.
BlockchainAMIRA
