Important Guys! More Traders Are Shorting $TRUMP , But There's A Risk You Shouldn't Ignore! 🚨
OI is still around 32.1M while price keeps falling. Futures CVD is near -50.6M and spot CVD around -10.1M. Taker sells are also stronger at 3.4M versus 2.2M buys. Sellers clearly have control right now.
But here's the interesting part: funding has dropped to around -0.04%. Shorts are now paying longs, which tells us bearish positioning is getting crowded. A sharp bounce could trigger short covering, so don't blindly chase shorts here.
Top trader accounts ratio is around 1.67 and positions ratio 1.53, while overall long/short ratio is 1.43. Long accounts still outnumber shorts. This doesn't mean price must pump, but it adds another risk to watch.
Spot flow is mixed. The 4H net flow is around -382K TRUMP. Daily flow is +457K TRUMP, but large and medium orders are still net sellers. Most of the positive daily flow is coming from smaller orders.
The liquidation map shows downside liquidity around $1.22-$1.23, while overhead clusters sit around $1.29-$1.32. Both zones matter.
The midterm election result is also hurting sentiment around Trump-linked assets. Democrats taking control of Congress could bring more scrutiny and delay parts of Trump's crypto agenda. This adds pressure, but don't treat it as the only reason for the drop.
My Short Configuration:
Current entry: $1.225-$1.235 (small size only)
Recommended entry: $1.255-$1.275
Upper entry: $1.290-$1.305
TP1: $1.200
TP2: $1.100
TP3: $0.950
SL: $1.335
Wait for a bearish 30M candle close after price enters the bounce zone. I want to see a failed reclaim, weak CVD and selling pressure increasing.
My bias is still bearish, guys, but I prefer shorting a confirmed bounce instead of chasing after such a big drop. Negative funding means a squeeze is possible, so manage your risk and don't overleverage. ✅
Next Token 👉 $BTC
OI is still around 32.1M while price keeps falling. Futures CVD is near -50.6M and spot CVD around -10.1M. Taker sells are also stronger at 3.4M versus 2.2M buys. Sellers clearly have control right now.
But here's the interesting part: funding has dropped to around -0.04%. Shorts are now paying longs, which tells us bearish positioning is getting crowded. A sharp bounce could trigger short covering, so don't blindly chase shorts here.
Top trader accounts ratio is around 1.67 and positions ratio 1.53, while overall long/short ratio is 1.43. Long accounts still outnumber shorts. This doesn't mean price must pump, but it adds another risk to watch.
Spot flow is mixed. The 4H net flow is around -382K TRUMP. Daily flow is +457K TRUMP, but large and medium orders are still net sellers. Most of the positive daily flow is coming from smaller orders.
The liquidation map shows downside liquidity around $1.22-$1.23, while overhead clusters sit around $1.29-$1.32. Both zones matter.
The midterm election result is also hurting sentiment around Trump-linked assets. Democrats taking control of Congress could bring more scrutiny and delay parts of Trump's crypto agenda. This adds pressure, but don't treat it as the only reason for the drop.
My Short Configuration:
Current entry: $1.225-$1.235 (small size only)
Recommended entry: $1.255-$1.275
Upper entry: $1.290-$1.305
TP1: $1.200
TP2: $1.100
TP3: $0.950
SL: $1.335
Wait for a bearish 30M candle close after price enters the bounce zone. I want to see a failed reclaim, weak CVD and selling pressure increasing.
My bias is still bearish, guys, but I prefer shorting a confirmed bounce instead of chasing after such a big drop. Negative funding means a squeeze is possible, so manage your risk and don't overleverage. ✅
Next Token 👉 $BTC
