$RLC Longs, hold tight—the stars and the sea await!!!
Total futures open interest is now $60 million. On-chain addresses held by major players account for 90% of the holdings. Known short liquidations over the past 24 hours have reached as much as 6 million USDT, while short open interest on Binance futures is down to $2 million.
The daily chart has just reached resistance, so it’s bound to keep rising. On the 15-minute chart, there’s been one pullback. Longs, be patient and hold on; just wait for the breakout!!
Shorts should consider setting a stop-loss and reversing into longs. With the current level of market control and the low market cap, short positions are just fuel for the market maker to push the price up. This time, I’m definitely holding on!!
If you’re interested in Brother Yan’s short- to mid-term outlook, join the chat room: #Strive斥资1.69亿美元增持2000枚BTC #币安推出BinanceIntelligence
Total futures open interest is now $60 million. On-chain addresses held by major players account for 90% of the holdings. Known short liquidations over the past 24 hours have reached as much as 6 million USDT, while short open interest on Binance futures is down to $2 million.
The daily chart has just reached resistance, so it’s bound to keep rising. On the 15-minute chart, there’s been one pullback. Longs, be patient and hold on; just wait for the breakout!!
Shorts should consider setting a stop-loss and reversing into longs. With the current level of market control and the low market cap, short positions are just fuel for the market maker to push the price up. This time, I’m definitely holding on!!
If you’re interested in Brother Yan’s short- to mid-term outlook, join the chat room: #Strive斥资1.69亿美元增持2000枚BTC #币安推出BinanceIntelligence
