#BTC at EMA25 local resistance in 4hour time frame...
- 4hourly frame: Still stuck below EMA25...
- Weekly Frame: Support at 55k (EMA25 weekly)...
- Slowly down to 55k then suddenly bounce up from 55k...
- I have shared the previous pattern as well, you can check it too...
There are few signs to notice a real reversal (Red line)
- Timing: After 15th...
- Huge negative funding...
- Alts suffer a liquidation cascade (15-20%) while BTC only drops 4-5%...
- Unfortunately there is still potential 5% dip BTC and 10-15% dip Alts left...
- close Buy Trades if you are into Future trading...
- Before BTC really does a real reversal in 60 days consolidation, Alts should suffer at least one more liquidation cascade.
This is how I expect to Alts shorts to play...
- soon there will be Alts flush for Recent Short Setups...
- They are trapping us.
But we are holding shorts...
- If you don't believe it, just wait and you will know by yourself...
