Speculation is screaming in the ears of short term investors to open Short positions. This is not going to have a happy ending...
The first sequence of liquidation in Long positions after the $69,000 top has caused OI to follow the price.
The first sequence of liquidation in Long positions after the $69,000 top has caused OI to follow the price.
The last dips have been accompanied by OPEN INTEREST rising, i.e. speculation at full steam driven by leverage.
The breaking of the last supports increases the fear in the market and the Bears' thirst for new lows in price.
The breaking of the last supports increases the fear in the market and the Bears' thirst for new lows in price.
The corrective move from $65k-30k was highly directional and clean to the sell side, in fact, liquidity seeking!
ELR in turn demonstrates this clearly. Now, ESTIMATED LEVERAGE RATIO realizing sequence of new All Time High signals that investors are taking more risk in the market
ELR in turn demonstrates this clearly. Now, ESTIMATED LEVERAGE RATIO realizing sequence of new All Time High signals that investors are taking more risk in the market
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