$BTC
Price up but OI & Funding down 👀
➡️ This indicates shorts are closing positions rather than strong new longs entering.
So the rally looks more like a short-covering move than real bullish conviction.
Price up but OI & Funding down 👀
➡️ This indicates shorts are closing positions rather than strong new longs entering.
So the rally looks more like a short-covering move than real bullish conviction.
