$BTC To be honest! The ace indicator for judging market strength and weakness, Coinbase premium, is now actually in a discount state — this operation is simply pouring cold water on blindly bullish investors, can you still shout long with your eyes closed?
The ideal situation would be a return to premium + a decrease in funding rates, but now, there are just buy orders stacked at 90-91k and 84-82k to hold the scene, what kind of strong signal is this? Clearly, the market is dragging its feet, and it could throw a bucket of ice water on you at any time!
Don't be fooled by the superficial buy orders; behind the discount is all cautious sentiment. Blindly rushing in now is just sending yourself to the slaughter, hold onto your chips and wait for the premium to warm up + the funding situation to improve, otherwise, sooner or later, you'll be ground into the muck by the market!
Thank you for reading this, and finally, I wish you good morning☀️ good afternoon🥰 good night💤
