📊 $BTC HIGHER-TIMEFRAME POSITIONING
One signal bulls want to see is a divergence between price and short positioning.
Ideally, we'd see more traders aggressively opening shorts than we saw near the $58K macro bottom. That could help create the conditions for a squeeze if price starts moving higher.
But there's another development worth watching: we're now forming a divergence around the $63K lows.
If this structure holds, BTC could be setting up for a relief bounce.
I'm watching for confirmation before getting too confident.
Could $63K become the next local turning point?
#bitcoin #BTC
$ZEC $ETH
One signal bulls want to see is a divergence between price and short positioning.
Ideally, we'd see more traders aggressively opening shorts than we saw near the $58K macro bottom. That could help create the conditions for a squeeze if price starts moving higher.
But there's another development worth watching: we're now forming a divergence around the $63K lows.
If this structure holds, BTC could be setting up for a relief bounce.
I'm watching for confirmation before getting too confident.
Could $63K become the next local turning point?
#bitcoin #BTC
$ZEC $ETH
