$ESPORTS is about to smash the shorts. The rise in OI is starting to signal accumulation to take out the heavy shorts. The funding rate is already very high, which is risky.
The $JCT structure on the 4H is clearly indicating that the trend is changing. There will likely be a slight pump before another drop. You can see that the sellers are getting more aggressive, and the smart money is starting to position itself for a short.
$BTC #CFTCProposesRulesForPredictionMarkets #thefed #Polymarket We're almost 100% sure The Fed will hold rates steady at the June meeting. According to the prediction market, the probability of "No Change" is hitting 99.4%. This indicates that market players believe the current economic conditions aren't strong enough to trigger a rate cut, but also not hot enough to spark a new rate hike. So, how does this impact Bitcoin and crypto? If The Fed does indeed keep rates unchanged, it's likely that the market has already "priced in" this move. This means the biggest price action could come not from the rate decision itself, but from the statements that follow.
$LAB is super risky! Don't long $LAB , it looks like it's gonna drop to 4.1 first. The on-chain data is also concerning. Just wait for the time it crashes hard.
$PENGU Don't short on pengu. This is a healthy uptrend. Oi Up, whale long dominance in the long/short ratio. Just look for a pullback to set up a long.