The BTC spot market has been like a stubborn donkey in the last two months!
The more buyers buy, the more it falls; the more it falls, the more they buy, resulting in running out of bullets and losing strength.
But the futures market is sharp; it initially looked bearish but now the keen funds have quietly flipped bullish.
If we follow this script, the next act directed by futures players is likely to be a "false breakout drama": first a feint to trick you into getting out, then wait for retail investors to hand over their chips before making a real directional move.
How will this breakout play out? Keep a close eye on futures open interest and don’t get thrown off by short-term fluctuations!
If you're unsure and always chasing highs and cutting losses, feel free to chat. Like + leave a message, and Brother Hu will help you get on board.
