#BTC
A huge fat array was formed on 4****$. Long now? Yes, it's safe. Depends on how much risk you take on the trade. Now it's easy to get long compression with an upward shot (41-42), I would have started shaving my shorts by now, the time has come. + RSI on daily timeframe, below March, definitely we need to warm up a bit. There was no squeeze, BUT the leverage is still extreme, but the futures contracts have already gone negative. We already have more shortists than longists.
A huge fat array was formed on 4****$. Long now? Yes, it's safe. Depends on how much risk you take on the trade. Now it's easy to get long compression with an upward shot (41-42), I would have started shaving my shorts by now, the time has come. + RSI on daily timeframe, below March, definitely we need to warm up a bit. There was no squeeze, BUT the leverage is still extreme, but the futures contracts have already gone negative. We already have more shortists than longists.