Well, quantum fud is hitting headlines while btc is flirting with the bear bottom based on stats.I will buy all your ponzi scheme coins under the 60k low.
$BTC orderflow update
Looking at htf we can see that OI started goin up since 78-76 local top with perp CVD going down meaning shorts are opening since then.
OI hasnt retraced this move meaning the shorts are still open.
Spot is accumulating during this chop,and given the fact that we have the monthly open I expect a pump to close those late shorts.
Wait for OI to flush, then short again
$BTC orderflow update
Looking at htf we cann see that OI started goin up since 78-76 local top with perp CVD going down meaning shorts are opening since then.
OI hasnt retraced this move meaning the shorts are still open.
Spot is accumulating during this chop,and given the fact that we have the monthly open I expect a pump to close those late shorts.
Wait for OI to flush, then short again
$BTC orderflow update
Price is chopping with spot accumulating.
OI and perp CVD look tricky in ltf,but in htf we cant see much longs opening compared to shorts.
Given the fact that we got the monthly open in two days i would suggest trimming some profits from shorts.