Brothers, today the Nasdaq futures volume shrank to the largest range in three years, but most of it is for short hedging! ye.koi has been trading for half a day, the core is just one sentence: the 24000 position determines fate.
If it breaks 24000 → A large number of short positions will take profit, BTC is likely to be brought down (high probability of following the drop).
If it moves with volume spring (rebound) → range oscillation continues to extend, BTC follows the Nasdaq up to 78-80k, but short positions should not easily cut losses, subsequent frequent entries and exits will wear down.
Combined with today BTC fluctuating around 70.7k:
Short-term holder cost vs market average, the red and blue lines have a dead cross with 5899 dollars left, <0.75 green zone historical constant bear bottom signal.
Institutions are not selling (Saylor continues to buy), but conviction is weak, perpetual pump may face spot selling pressure at any time.
KOLs collectively leaning bearish: Shuqin/Military Commander opening shorts in the 706-719w range, taking profit at 684-704w; Feiyang is bullish on SOL but short on BTC at 7.15-7.19w.
Personally, I think: the current small rebound at 70.7k has a high probability of being a trap, if NASDAQ does not break 24000, it will oscillate upwards, but if it breaks, it will really crash.
Friends in the square, how do you stand?
Is it worth patiently grinding the short position with ye.koi?
Still betting on the NASDAQ rebound, BTC hitting 78k?
Report position + reason battle! Who has the most accurate idea?
#BTC #以太坊ETF批准预期 #币安广场征文活动 #加密货币 $BTC $ETH
