$BNB #$BTC
$ETH
$BNB
🛑 ALERT!
🪙 Fix completed
Hello everyone,
I'm sure you've noticed the significant increase in BTC over the past couple of days. It appears that the selling pressure has eased.
Looking at the structure of this move, it is clear that the sellers were unable to push the price below the previous low, which is a positive sign for the bulls (those pushing the price higher).
🔤 What signs indicate the continuation of this upward trend?
• Investments in spot BTC ETFs continue to flow.
• Funding rates on centralized exchanges have normalized.
• Market volatility has decreased as excessive players have been liquidated.
• Tether continues to inject large amounts of USDT into the market.
• Net flow on exchanges remains negative, indicating that investors are actively buying and withdrawing cryptocurrencies to hold them for the long term.
• Open interest in derivatives shows signs of growth.
Initially, I thought there might still be an opportunity for short positions, but considering all of these factors, the likelihood of that happening is diminishing.
❕ Therefore, I suggest focusing only on spot (long) positions. For beginners, trying to predict the next reversal could prove extremely difficult.
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