longs unwinding means selling btc to take a profit USDT,USD.
44k , 39k is my area of interest.
47.7 is POC atm. if it reclaims and supprt, will long and buy spot alts.
Mostly event "spring" will happen in 12hours, will press green button there.
accumulating some alts atm.
still not showing strength, bounced with fut traders.
i bet we do have a correction to 46-47k ish today, then we might have strength from spots.
consolidating on poc seems healthy,
could see mini short squeeze following day.
my orders at .5-.7fib
couldnt open margin long, bought some spot alts.
Dot, Xrp , Enj, SC
one more sweep to low?
possible black ghost pattern,
no moderate rise in volume, supply still sittin.
maybe one more pull back before we go.
absence of event "spring" yet.
not opening more longer here, sitting on orders on 42-43k.
buying some spots to hedge.
don't like its forming bearish retest tho.
poc, vwap, hval
we can just poke up for sure.
i have spot alt in bag, but not longing this.
my longs still sitting on 41-42k
holding 42k would give us good chance.
again, delta turning positive, need just one more sweep down, could hold 45-46k.
closing shorts around there, and scale in margin long.
also i am buying alts spot - Dot,Xtz, Enj
reversal like this would give market more bullish pressure.
and opened margin long and scaled down to 42k incase of wick down.
absence of strength. as long as price below 48k and volume trend stayin negative, market won't able to sweep range high.
closed margin long, holding spots for now.
DXY possible bounce zone, put a risk mananagement at asset trade on Q2
market not showing strength while distribution appears on ltf.
don't see effort from cause (spring)
i would like to see another test of previous spring.
scaled orders below 46k
not seeing good accumulation, only distribution.
so this is case for re distribution in ltf.
my margin longs still sitting below 46k scaled to 39k.
holding alt spots as a hedge.
bad data is here.
sold 95% alt spot.
and my buy orders below 39k