A tech-focused perspective | Analyst: Bitcoin’s average daily net outflows from exchanges have fallen to 1,500 BTC, while long and short forces in futures are moving toward balance
I’ll use the low from before the news came out as a reference point: holding above it is bullish; falling back below it is bearish. It’s worth checking whether coins in the same sector are moving along with it.
As conditions turn bearish, avoid taking large positions against the intraday trend.
$BTC .