We managed to notify them of the exact moment when the whales entered short positions, and since then, Bitcoin has fluctuated from 70k to 49k!

🧐Today, the whales seem to have closed their longs and are entering short positions again in the short term at a price of 57,000, which makes it necessary to closely monitor this behavior.

In the daily chart, it is clear that the market experienced significant volatility due to the increase in large short positions, as the dominance of longs was clearly present in Bitcoin due to excessive confidence and sentiment from traders.

There is a bullish trendline in this metric, but if it is tested again, it is likely that Bitcoin will form a new price bottom soon!

All attention is crucial at the moment, especially when it comes to the derivatives market.