🔸Spot purchases of large Bitcoin players are strong, but small Perp players open more transactions.

🔸Ethereum, on the other hand, Big Spot players are watching horizontally and Small Perp players continue to be long.

🔸In light of this data, I expect the upward breakout to be fake.

🔸These fake breakdowns may coincide with the intense order areas of the Binance and Coinbase Spot heat map in the 2nd image. Let's watch 🥷

#Bitcoin#Ethereum #Analysis