Practical Takeaways and Follow-the-Market Action Orders
🚨 Follow-the-Market Action Order:
The major players are draining liquidity in the eye of the storm to lure in longs! Instructions:
With the overhang ratio as high as 30.06%, strictly do not treat this as a safe zone to chase longs】
Yesterday’s full reservoir data, taken together, makes it clear: the market has not entered a safe zone. The long-side dammed-up pool remains as high as \bm{30.06\%}, while the long-short ratio is deeply skewed at \bm{8.20:1}. The current rally is purely a micro-scale short squeeze, not a sign of a major trend stabilizing!
#Bitcoin falls below $81,000
🚨 Follow-the-Market Action Order:
The major players are draining liquidity in the eye of the storm to lure in longs! Instructions:
With the overhang ratio as high as 30.06%, strictly do not treat this as a safe zone to chase longs】
Yesterday’s full reservoir data, taken together, makes it clear: the market has not entered a safe zone. The long-side dammed-up pool remains as high as \bm{30.06\%}, while the long-short ratio is deeply skewed at \bm{8.20:1}. The current rally is purely a micro-scale short squeeze, not a sign of a major trend stabilizing!
#Bitcoin falls below $81,000