💀 CARNAGE: Range trader setup trapped longs at the highs. Longs went from +500K to NEGATIVE. Shorts now at 70% - historically a LOCAL BOTTOM signal. But with sharp decline + negative funding, could we see a violent bounce? Timing is everything
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💀 CARNAGE: Range trader setup trapped longs at the highs. Longs went from +500K to NEGATIVE. Shorts now at 70% - historically a LOCAL BOTTOM signal. But with sharp decline + negative funding, could we see a violent bounce? Timing is everything
#Bitcoin #Liquidations #BTC #LongSqueeze #CryptoTrading