At this moment, the Binance futures market shows clear signs of weakness. Technical indicators suggest we are approaching a significant correction:
1. Ongoing downtrend: Bearish movements have gained strength throughout the day, with more capital entering short against the bulls.
2. Price compression: The market has "shrunk," with assets both up and down reducing their range, preparing for an eventual breakout.
3. Index $BTC in bearish zone: The index $BTC is among the weakest assets in futures, a red alert indicating that we could see a short-term pullback.
4. Weak green alts: Although several altcoins are in the green, they do so with little momentum, providing further evidence that a broader bearish reversal may be coming.
🔍 In summary: we are at a market compression moment, where the accumulated pressure could explode downward. If your strategy is to anticipate and position yourself, it's time to prepare to follow the trend with well-calculated short entries. Adjust leverage, set your stop, and get ready for deep movements.
💡 NomadCrypto Tip: In Binance futures, the key is to foresee the direction and act strategically. If you've already taken short positions, stay alert. If you haven't entered yet, review your plan before jumping in. This is how we process information and trade sensibly.
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