Greeks.live: Market Participants Cautious of Potential Volatility, Some Traders Strengthening Bearish Positions
Adam, Macro Researcher at Greeks.live, has released an English-language community briefing, in which he notes that the group's recent attitude has been generally bearish, with expectations that Bitcoin will rise to the $88-$90,000 range within 5-10 days, despite a slowdown in market activity. Some traders are strengthening bearish positions, while others are noting a disconnect between spot buying and futures shorting activity, suggesting that market participants are wary of potential volatility. An interesting observation is that the futures market is showing a lot of shorting activity while spot continues to be bought, creating a potential short squeeze situation.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: James Wynn Slightly Reduces Position Again, Decreasing BTC Long Position from $1.188 Billion to $1 Billion
Data: USDC Circulation Increased by Approximately 800 Million in the Past 7 Days
ai16z Founder Shaw Bought 6.7 Million FARM2 Tokens 2 Hours Ago
Data: Whale James Wynn Releases Account Data: Total Profit of $50 Million, Maximum Drawdown Reaches 84.34%
Trending news
MoreCrypto prices
More








