Who’s paying: $AIN Longs are still paying funding this period, and the rate is even higher than last period. Huh?
Good morning. BTC is up 4.93% over the past day compared with this time yesterday.
The bullish switch is still off, while $AIN leads the strength rankings.
$ARIA comes in second, with neutral overall technicals.
$ELSA ranks third, with trend signals leaning bullish.
$AIN is down 6.16% over the past six hours compared with the six hours before that. Well...
I’m bearish, leaning toward longs paying to stubbornly hold on; there’s still not enough evidence of strength building.
Bullish overall technicals make the case for longs, leaving me only mildly bearish.
For longs’ claims of strength building, I’d rename it “the cake collapsed, but they’re still renting the oven.” Let price keep score:
The condition for me to extend my bearish view is a break below 0.26.
If price crosses 0.326, it’ll be my turn to admit I was wrong and drop my bearish view.
Do you think “6.16% shows longs paying to stubbornly hold on,”
or “6.16% is a sign of strength building”?
#AIN #Today’s Market
Data from Binance public market data; not investment advice
Good morning. BTC is up 4.93% over the past day compared with this time yesterday.
The bullish switch is still off, while $AIN leads the strength rankings.
$ARIA comes in second, with neutral overall technicals.
$ELSA ranks third, with trend signals leaning bullish.
$AIN is down 6.16% over the past six hours compared with the six hours before that. Well...
I’m bearish, leaning toward longs paying to stubbornly hold on; there’s still not enough evidence of strength building.
Bullish overall technicals make the case for longs, leaving me only mildly bearish.
For longs’ claims of strength building, I’d rename it “the cake collapsed, but they’re still renting the oven.” Let price keep score:
The condition for me to extend my bearish view is a break below 0.26.
If price crosses 0.326, it’ll be my turn to admit I was wrong and drop my bearish view.
Do you think “6.16% shows longs paying to stubbornly hold on,”
or “6.16% is a sign of strength building”?
#AIN #Today’s Market
Data from Binance public market data; not investment advice
