Hello everyone,
Currently, I am observing some data about liquid and funding rate and see the following:
1. There are some short setups at liquid 100k, I am not sure if they are from MM or not.
Currently, that setup is growing larger and will need time.
=>=>=> If this week $BTC does not break through 100k to sweep, then there will be an adjustment right at this position.
The data is still not enough to confirm anything, I am monitoring.
2. Currently, the Funding rate of Altcoin is experiencing Fomo.
=>=>=> Many young people have just discovered the uptrend and are starting to chase Longs.
Due to $ETH and some altcoins still being too weak, it may not sweep immediately.
The data may be delayed by a few days, so please consider carefully.
Next week might see a strong sweep, I do not know the exact position yet, still monitoring.
I will follow up more, if there are any issues, I will inform you early.
#BULL-RUN #BullistMarket #AltSeasonComing #Altseason2024 #mememcoinseason2024