Many of you read the news that funds are shorting on CME, you must be very worried!
However, you must understand that the fund is not always right. Do you know why last year SPX still increased strongly despite the weaker situation now?
Because at that time, Wall Street funds shorted a record high to hedge, the number reached 60 billion USD! When these short orders are liquidated and forced to close, they create momentum that pushes prices up.
---> It is these short orders that will most likely be the price support wall for BTC!
Another weird nonfarm news despite high unemployment figures.
In general, metrics can be manipulated and are interpreted as lagging and highly influenced.
The US market with all kinds of toys is like a casino - Wall Street can be seen as the sword that helps the US "shear sheep" and adjust its long-term financial situation.
