Pooop

I kid you not, there are still a lot of people trying to long this $btc dip on leverage

Re shorted $btc. Sl 93.6.
Looking for high 80s at least

Goodbye once again to the trenches. That 48 hours of action was fun.
Back to $BTC

86-88k liquidity on $btc looking very juicy

Deleted all trading apps from my phone 3 weeks ago. So I can't trade from my phone and can only trade from the computer (where I can do a proper analysis and look at the trade).
I just keep trading view to look at prices but for entering / exit I can't. Need to get to the computer or no trade.
Win rate has increased from ~40% to about ~55%.
Less is really more.

Most important cpi of our lives out in 1 hour at 830am eastern time.
Some volatility incoming.

Looks like a Sunday / Monday scam pump is loading on $btc

Very low volatility on $btc and $eth in the last 48 hours. Usually this means volatility is coming soon

In the last few hours since the new york close, things for $btc have been looking more healthy than in the last 24 hours.
spot buying has started at these levels, shorts have been closing too (oi down, perps cvd up).
looking promising for a bounce here.

the entire move up on $btc since ~89k or so has been driven by a mini short squeeze ie. perp shorts closing (see pink lines on CVD).
perp longs have not even really been buying much.
spot has also not really been buying aggressively.
the dump in the last 10 hours from 94 to 91k was just from a relatively small amount of spot selling.
what happens when spot starts selling again?

Perps getting crazy long into resistance while spot is not really buying.
What could go wrong ?
$btc

ct is worse than a ghost town. engagement is non existent. at least in ghost towns there are ghosts to engage with. here, everyone has left.