Bitcoin has been in a H&S Formation for way too long now, not breaking below. With a devrease in volume it signals towards possible invalidation of H&S which with sufficient volume is a big bullish signal. We will have to wait and see how it plays out.
Other observations in the market:
Other observations in the market:
- Funding ratres remain positive, dominant long sentiments.
- Volume is still low any side big move possible
- In 4h we can see a tradeable range movement.
- Hedge trades with longs in BTC and shorts in Alts performing best
註釋
BITCOIN HNS got invalidated
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