Piercing through the fog, understanding the truth


#BTC Key Data
1⃣ Taker buy/sell strength comparison / Chart 1
The price has been mostly sideways in the past month
But taker buy shows relative strength
The key signals are on the 7th-8th when taker sell hits a lower point, yet the price does not follow with a lower point, indicating that bids are absorbing the taker sell pressure
2⃣ Funding rate continues to be negative / Chart 2
Indicates that short positions are under increasing pressure
The price has not fallen, and shorts may be forced to close their positions
3⃣ USDC inflow into exchanges remains unchanged / Chart 3
Indicates buying power is flowing into exchanges
In one sentence: The market is oscillating, and the market manipulators are drawing lines
Those who understand are positioning, those who don’t will get liquidated
So, are you the one who understands?
BTC3,87%
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