Why is this very possible?
A. Funding Fee
The funding fee is telling us the long vs short story behind it. When you check it before the 6k dump, it's positive, then 6k sub all negative. Now it's coming back from negative to positive. This is the message that no one is willing to short in here anymore. Why? Because either this is the biggest bull trap in the world or we're actually bottomed.
B. The accumulation pattern
I see very choppy going down pattern. What is this means? Is that means the supports are too strong that bears can't force down at once? Nope, because there is no high volume chop down signature like the 5.4k chop down to 3.8k. Which means that this is an accumulation process. The big boys already collecting coins in here.
In the end, good luck for bulls, also good luck for bears.
Happy Trading :P
A. Funding Fee
The funding fee is telling us the long vs short story behind it. When you check it before the 6k dump, it's positive, then 6k sub all negative. Now it's coming back from negative to positive. This is the message that no one is willing to short in here anymore. Why? Because either this is the biggest bull trap in the world or we're actually bottomed.
B. The accumulation pattern
I see very choppy going down pattern. What is this means? Is that means the supports are too strong that bears can't force down at once? Nope, because there is no high volume chop down signature like the 5.4k chop down to 3.8k. Which means that this is an accumulation process. The big boys already collecting coins in here.
In the end, good luck for bulls, also good luck for bears.
Happy Trading :P
Achieve every thing but stay discipline
从心所欲不逾矩.
从心所欲不逾矩.