1.86 to 2.21, then back down to 2.12.
$BTC plunged from 81,800 to 79,666.9, a 2.6% drop.
Retail traders kept adding longs across all five tiers, only easing off after the dump.
What about the big players? 65.19% to 66.68%—they added in the opposite direction in the final two tiers.
Both sides are betting against each other. Who got it right?
Price has climbed back only 22% from the bottom; 78% of the drop is still left to recover.
If someone were really accumulating, would they let the price sit here, waiting for people to get on board?
The overnight funding rate is 0.0033%, below the benchmark. Longs don't have to pay a cent.
If nobody is getting squeezed, nobody's in a hurry to push it up.
80141.1 hasn't even recovered half the drop. I'm not taking sides.
(Not investment advice. Trade at your own risk.)
$BTC plunged from 81,800 to 79,666.9, a 2.6% drop.
Retail traders kept adding longs across all five tiers, only easing off after the dump.
What about the big players? 65.19% to 66.68%—they added in the opposite direction in the final two tiers.
Both sides are betting against each other. Who got it right?
Price has climbed back only 22% from the bottom; 78% of the drop is still left to recover.
If someone were really accumulating, would they let the price sit here, waiting for people to get on board?
The overnight funding rate is 0.0033%, below the benchmark. Longs don't have to pay a cent.
If nobody is getting squeezed, nobody's in a hurry to push it up.
80141.1 hasn't even recovered half the drop. I'm not taking sides.
(Not investment advice. Trade at your own risk.)
