$BTC is stuck at 82863. Bitdeer cleared out 300 coins this week, while a whale opened a 32.36 million short position.
Miners have zero holdings, and there’s a 13x leveraged short position, yet the price can’t even drop 1%. The buying support is strangely strong.
$SYN Two addresses are long 7.2 million coins, with $450,000 in unrealized gains; $ETH , meanwhile, had 4,970 coins sent to a mixer by hackers.
For a bullish signal, watch for shorts being forced to close and the price breaking out on heavy volume. For a bearish signal, watch for support to break—and cut your losses immediately.
With 32.36 million in short positions weighing on the market, are you following the shorts or waiting for a pullback to go long? Comment 1 to short, 2 to buy the dip.
#Write2Earn #BinanceSquare #BTC Futures #TradingTournament
Miners have zero holdings, and there’s a 13x leveraged short position, yet the price can’t even drop 1%. The buying support is strangely strong.
$SYN Two addresses are long 7.2 million coins, with $450,000 in unrealized gains; $ETH , meanwhile, had 4,970 coins sent to a mixer by hackers.
For a bullish signal, watch for shorts being forced to close and the price breaking out on heavy volume. For a bearish signal, watch for support to break—and cut your losses immediately.
With 32.36 million in short positions weighing on the market, are you following the shorts or waiting for a pullback to go long? Comment 1 to short, 2 to buy the dip.
#Write2Earn #BinanceSquare #BTC Futures #TradingTournament