Funding is flipping negative as more and more shorts enter the market, and open interest (OI) is increasing. Sentiment is turning ultra bearish, with calls for a bear market. Your feed is filled with lower and lower targets, and the charts are showing that every support has now turned into resistance. Youâre losing hope, thinking of selling your spot bag at prices that are already down by maybe 80%. Youâre losing trust in crypto.
I donât know what more you need to see to understand whatâs happening. Weâve seen this movie before. Donât be on the wrong side. Be smart and choose your side wisely
The more it dips I get more bullish. Good luck !