$BTC Today, the chips remain concentrated in a bullish position, with whales leaning towards closing short positions, and the bearish momentum is beginning to decline. This will help the market challenge the highs again.

According to the liquidation map, there are a large number of short positions concentrated in the range of 105k to 106k, and after the liquidation of shorts, it may further push the market upward.

After market sentiment recovers, many altcoins start to perform, such as those filtered by data showing whales opening positions like $HIFI $PROM $SEI, and so on...

In terms of operations, it is still best to sell high and buy low, looking for strong coins!

Data source: blave.org

#MarketSentimentToday #Megadrop