exitpump

$BTC Every interaction with the 90D Rolling VWAP has led to a significant move. In a downtrend, the retest is resistance until proven otherwise. If $BTC gets rejected around 69K, I think one more leg lower is likely.

$BTC Wouldn't get excited about this pump, this can easily end up being a failed auction above value area.

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and shorts are getting squeezed on the CPI news

$BTC Sellers haven't been able to push price lower because of strong passive demand and now seeing shorts closing out slowly forcing price to grind up. Still a range trading environment.

@fundexgg decent chance to get a fat discount

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15K in $BTC has been added to Open Interest today while price is going down. Sentiment is really bearish.

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Horrible news coming out about Alpha Futures. Unfortunately this is all too common for the prop industry. It’s also exactly why we built Breakout the way we did. Flexing huge payouts means nothing if they can be denied. Trust is paramount in this industry. We're backed by Kraken and are the safest option in a sketchy industry. Don’t fall prey to counterparty risk.

@Cobratate You shirt is gay

Found him.

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$BTC Crazy amount of aggressive shorting came in and OI is still increasing.

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$BTC Stack of chasing large bids on Binance perps orderbook from Friday is still there, thought they will be removed, but no... Below 62.9K is just thin air, price can drop real quick if those bids don't hold as support.

@fundexgg Huge🔥

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$BTC Every time aggregated spot orderbook depth delta reaches extreme positive levels, the market bottoms and rallies.

How to use orderbooks and orderbook based indicators

@BigCheds Ema200 is great though

Chart crimes (in no particular order) 1) Looking at candlesticks without volume 2) EMA 200 instead of SMA 200 3) dark mode on TradingView 4) declaring bullish/bearish engulfing in sideways PA 5) using both RSI and stoch-RSI 6) drawing divergence with wicks Discuss

$BTC Decent amount of limit shorts got filled, which means longs were aggressive lifting up the price. Some chasing bids at mid 63Ks that might spoof, any weakness and failure to get above 64.5K will result in positioning unwind flushing out late longs.