crowd is wrong more often than not
so going against the crowd is more probably profitable?
i don't care much for quotes rn but this is the way this chop has behaved and CREATE LIQUIDITY for market makers to seek
anyways.
4k-6k btc longs trapped above 8.8k, the 9.1k breakout longs pretty much cleared already
shorts not really going up a lot, gives even more liquidity on short side, we'll see about selling volume but idk.
there's not a lot of volume so why not go run into 7.4k-7.7k run stops and accum.
there has been accumulation type volume patterns throughout latest price action, so that would be a bullish case to a bounce from here
so going against the crowd is more probably profitable?
i don't care much for quotes rn but this is the way this chop has behaved and CREATE LIQUIDITY for market makers to seek
anyways.
4k-6k btc longs trapped above 8.8k, the 9.1k breakout longs pretty much cleared already
shorts not really going up a lot, gives even more liquidity on short side, we'll see about selling volume but idk.
there's not a lot of volume so why not go run into 7.4k-7.7k run stops and accum.
there has been accumulation type volume patterns throughout latest price action, so that would be a bullish case to a bounce from here