It's all true, only smart traders won't go long on futures right now, but will wait until all the liquidity is taken from 106200. And they will go long with leverage and short stops. That's all..

Let me show you today why you are losing money trading futures
Let's take our favorite
$BTC as an example. In the picture below, you can observe a regular service that displays a liquidity map. To simplify it very much - it shows the stop orders and liquidation prices of those who like to trade futures with leverage.
So, the yellow lines indicate how many of these stop orders there are at a given Bitcoin price. The yellower and denser they are, the more liquidity there is.
For large capital to enter or exit a position, it needs a significant amount of liquidity.
And this is where it accumulates; often, it is just beyond the levels (where all the "trading gurus" usually place their stop orders) that large capital pushes to exit or enter a position against the crowd.
Right now, in the picture below, we observe such liquidity from those trying to long Bitcoin, at the price point of 106900-106200 (highlighted in color).
And now, it's just a matter of time before we get there and wipe out all these stop orders of the crowd, and after that, we can rise calmly.
So, trade spot, you can simply trade based on my trades; I show them in my TG channel.