Read like a book 😂

I checked data $BTC and noticed a few things:

💥 OI (open interest) is gradually increasing from the bottom of 74k => it's not called FOMO yet, it shows that the market is warming up.

💥 The Long/Short ratio is decreasing from the range of 84-85k up to now => traders tend to Short more, partly due to Longs closing positions to take profits, while Shorts hold their positions and more people are jumping into Short.

💥 On the Spot BTC side, there is slightly more selling pressure than buying, possibly because traders who bought from lower levels are taking profits at resistance levels according to technical analysis. If the buying side absorbs all the selling pressure and continues to maintain buying strength, the price could definitely continue to rise.

💥 Checking many altcoins, most of the spots have larger buying force than selling and volume is increasing => confirming that the breakout is real, not a fakeout. This is a bullish signal for the near future.

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