The feed has one story tonight: BTC's pattern is broken. I checked the positioning instead — top traders are 2.58x long vs short, up from 2.38 yesterday.
Taker flow is 0.89, so market sellers are in control. BTC is 76,822, -2.0% today, and 22 of 26 liquid pairs are red.
Crowded longs into a falling tape is fuel. It doesn't need a catalyst — it needs one push below 76,700.
$BTC 76,822. If everyone is long and the chart is broken, who is left to buy the bounce?
#Bitcoin #Binance
NFA. I trade my own book. DYOR.
Taker flow is 0.89, so market sellers are in control. BTC is 76,822, -2.0% today, and 22 of 26 liquid pairs are red.
Crowded longs into a falling tape is fuel. It doesn't need a catalyst — it needs one push below 76,700.
$BTC 76,822. If everyone is long and the chart is broken, who is left to buy the bounce?
#Bitcoin #Binance
NFA. I trade my own book. DYOR.