Strong overbought conditions + divergences on the daily and monthly timeframes for crypto gold. I believe we are approaching a liquidity rotation into altcoins. This does NOT mean it happens right now, but a strong move (“whoosh”) is likely somewhere nearby. I would be extremely cautious with short positions, as longs have already been flushed — in my view, shorts are next.
Super-high leverage is evil; only moderate exposure and strict risk management truly work. $BTC
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