- The shorts go down after a second rejection of 61.8% and we are not far from a bullish cross of the longs above 50% which is a bearish signal towards a hunt for the liquidations of the Longs in the south.
- The Funding rate is very positive in favor of shorts.
- Yesterday the price went above the H4 bullish channel and now we have just come back inside with a pull back in action.
- If it is a fake break out then possible that the sellers will be back to hold the medium term downtrend, otherwise the short term uptrend will continue!
https://coinalyze.net/snapshot/CCtSegEG
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