shorts
Coverage of shorts in the Nexus archive.
- Bitcoin miner inflows to Binance soar as BTC struggles to hold uptrend: Is $70K next?
Bitcoin miner inflows to Binance have increased, but Bitcoin's price struggles to maintain an uptrend due to weakening spot demand and newly opened short positions. The article questions whether Bitcoin can reach $70,000 under these conditions.
- Todays analysis
The article highlights multiple bullish technical indicators in the market, including RSI and weekly candle breakouts, heavy liquidity above price levels, and a favorable long/short ratio. However, it also notes bearish signals like double-top patterns and bearish CME gaps. The analysis suggests a potential move toward 86k+ despite retail skepticism.
- Negative funding rates and ton of liquidity in the 80s
The article highlights a buildup of older liquidity since March, reaching 96k, and predicts a price increase into the 80s due to consistent weekend consolidation and a strong bullish sentiment. It advises against shorting and recommends buying and holding.
- YouTube now lets you hide Shorts
YouTube has introduced a new feature allowing users to hide Shorts, providing greater control over content visibility. This update aims to enhance user experience by offering more customization options.