Orange line is BTCUSDSHORTS. The market always turns at extremes. We are there now. We have never seen this amount of bears ever. Bears are all-in, meaning a turn is near, expecting $65K-$150K over time for wave 5 of (3).
Notice there were an EXTREMELY low number of bears at the top, ~$19K.
Notice there were an EXTREMELY low number of bears at the top, ~$19K.