Although BTC has just had a correction, the Long/Short ratio is still heavily skewed towards Longs.
• Longs: 369 • Shorts: 213
The Long liquidation area is being pushed down to the 86–85K zone, where many stoplongs are concentrated. Delta is still green (buy side is dominant), but note: → On higher timeframes, good Long entry points usually appear when Delta turns red, meaning buyers are being squeezed and the market is accumulating liquidity.
In summary: Long traders placing Stoploss at 85-86k are very likely to get stopped out, but after this area is cleared, it becomes a good zone to enter Long, guys 👍 $BTC $ETH $GT
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Although BTC has just had a correction, the Long/Short ratio is still heavily skewed towards Longs.
• Longs: 369
• Shorts: 213
The Long liquidation area is being pushed down to the 86–85K zone, where many stoplongs are concentrated.
Delta is still green (buy side is dominant), but note:
→ On higher timeframes, good Long entry points usually appear when Delta turns red, meaning buyers are being squeezed and the market is accumulating liquidity.
In summary:
Long traders placing Stoploss at 85-86k are very likely to get stopped out, but after this area is cleared, it becomes a good zone to enter Long, guys 👍
$BTC $ETH $GT