Hello!
Bullshort is here!
After a strong rally, sellers put strong pressure on the 22-23k level and held the price. Buyers failed to pass asks limits and the price went into lateral consolidation. The zones are all shown, I think there is no need to explain their meaning.
It is important to note that the open interest of short positions is very low, which may be a reason for a correction to 21-19.5k.
Market capitalization is kept at the level of +-1 trillion. and the market is waiting for something. I am waiting for a correction from the level of 24500-25000, this would be a healthy price adjustment. I do not rule out a fall from the current zones, because. pressure is observed on the 1h graph.
It is also important to note that during the growth, a lot of btc was poured into altcoins…
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Bullshort is here!
After a strong rally, sellers put strong pressure on the 22-23k level and held the price. Buyers failed to pass asks limits and the price went into lateral consolidation. The zones are all shown, I think there is no need to explain their meaning.
It is important to note that the open interest of short positions is very low, which may be a reason for a correction to 21-19.5k.
Market capitalization is kept at the level of +-1 trillion. and the market is waiting for something. I am waiting for a correction from the level of 24500-25000, this would be a healthy price adjustment. I do not rule out a fall from the current zones, because. pressure is observed on the 1h graph.
It is also important to note that during the growth, a lot of btc was poured into altcoins…
SUBSCRIBE TO THE CHANNEL!
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