BTC has reclaimed the area near 80,000, while Gate whale accounts are net short at -27.0%.
Up +1.95% over 24 hours, with a high of 81,196.
Binance whale positions are net long at +32.7%, more bullish than retail traders at +17.0%.
But most Gate whale accounts are betting on a decline, going against Binance whales.
Bitfinex shorts are down to just 142 BTC, while longs are around 90,300 BTC.
My take: whales are starting to disagree among themselves, which means 80,000 isn't a consensus price.
Ahr999 is at 0.48, still in the DCA zone.
$BTC 79,744 (Binance spot, 11/05 20:40 Taipei time)
Key levels: Holding 79,500 is bullish; below that, watch 78,134. A breakout only counts if BTC gets above 81,196.
Are you siding with Binance whales or Gate whales?
Comment “Binance” or “Gate.”
#BTC #PositionData
Up +1.95% over 24 hours, with a high of 81,196.
Binance whale positions are net long at +32.7%, more bullish than retail traders at +17.0%.
But most Gate whale accounts are betting on a decline, going against Binance whales.
Bitfinex shorts are down to just 142 BTC, while longs are around 90,300 BTC.
My take: whales are starting to disagree among themselves, which means 80,000 isn't a consensus price.
Ahr999 is at 0.48, still in the DCA zone.
$BTC 79,744 (Binance spot, 11/05 20:40 Taipei time)
Key levels: Holding 79,500 is bullish; below that, watch 78,134. A breakout only counts if BTC gets above 81,196.
Are you siding with Binance whales or Gate whales?
Comment “Binance” or “Gate.”
#BTC #PositionData