Bitfinex long positions topping out often correlate with BTC bottoms. From on-chain data, when long positions at the top exchanges reach a stage high, it usually indicates the exhaustion of short-term upward momentum. This phenomenon has been observed across multiple previous cycles. Does the recent data fluctuation once again confirm this pattern? Market participants should pay attention to this inverse leading relationship between long positions and price bottoms.
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HashRateHermit
· 3h ago
Here we go again with this routine? Every time you talk about this pattern, but there are plenty of times when it backfires.
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IronHeadMiner
· 3h ago
Hmm... I'm tired of hearing the same old story about the bulls topping out. And what’s the result each time?
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DuckFluff
· 4h ago
When the bulls see the top, they should run. This trick has already been played out, right?
Bitfinex long positions topping out often correlate with BTC bottoms. From on-chain data, when long positions at the top exchanges reach a stage high, it usually indicates the exhaustion of short-term upward momentum. This phenomenon has been observed across multiple previous cycles. Does the recent data fluctuation once again confirm this pattern? Market participants should pay attention to this inverse leading relationship between long positions and price bottoms.