fulowa
12.5K posts


#Bitcoin Open Interest ramping up yet again.
Looks to be setting up for another wick to take out some positions soon. Looks to mainly be shorts chasing price here at the last bit.

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#Bitcoin Hitting volatility levels where we've historically seen $1000+ moves occur this year.
The more compressed price gets the bigger the following move will be.

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$BTC
lol this price action is going to piss off many I think

Skew Δ@52kskew
$BTC Starting to see some spot takers pushing on the bid here Perps bid here is primarily shorts puking
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@DaanCrypto Very similar things happened right before 29k to 25k nuke and 1840 to 1550. OI was rising like crazy and some big shorts were opening and within 48 hrs mkt nuked.
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Quite a few large #Bitcoin shorts entering the market.
That's over $40M already on just Binance while price barely moved.
Would assume these start covering above ~$26K.
If these get a free ride down then that should signal further weakness.

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