Maybe we go lower with a black swan. Totally possible. It happened last cycle with the ftx collapse. But this is what orderbook typically looks like at macro bottoms. The ob is telling us loud and clear that not many ppl want to sell 60k, and tons of ppl want to buy 55k.
Maybe we go lower with a black swan. Totally possible. It happened last cycle with the ftx collapse. But this is what orderbook typically looks like at macro bottoms. The ob is telling us loud and clear that not many ppl want to sell 60k, and tons of ppl want to buy 55k.