Leverage bulls collectively 'lie flat', the 'death squad' going long on BTC at Bitfinex hits a six-month low!
Simply put, at Bitfinex, this international major exchange, those 'brave' individuals who borrowed money to leverage and bet that Bitcoin would rise immediately have suddenly become timid! Their 'bullish bets' have dropped to the lowest point since December last year. It feels like the most aggressive players on the field have suddenly all eased off, which is a significant signal!
Case & Sentiment: Think about when the end of last year was? That was when BTC slid down from its peak all the way down, and everyone was anxious during the cold winter! Back then, long positions were low because of fear. Now that positions have returned to that low point, what does it indicate? It indicates that these experienced leveraged players are also feeling the pressure in the recent 'grinding' market, and they are hesitant to place heavy bullish bets! To be honest, seeing this data, the 'bullish death squad' has started to sit on the sidelines or even retreat, and the short-term confidence in this market is indeed a bit cold! This atmosphere is reminiscent of the oppressive calm before a storm, making people feel a bit chilly.
Friends, this is a clear 'cautious' signal from the market! Are the big players sensing risks and preparing for winter in advance? Or is it the calm before the storm, brewing the next big market trend? Blindly going solo will never bring opportunities; follow me and I will guide you to explore tenfold potential coins! Top-tier first-level resources! $BTC #美国加征关税