In this video I do the normal routine. Talk trough the trends, volumes, some technical levels based on price, FTX and Deribit Futures, Perpetual Swaps v Spot Basis, Funding Rates, Open Interest, Liquidations, Bitfinex Long/Short Ratios and volumes on CME and BAKKT Futures forward contracts.
More reasons to be bullish than to be bearish at the moment but at the end of the day... the trend is you friend.
Now is time to pay attention to what is going on in the lower timeframes as it will affect the Daily and push the weekly/bi-weekly out of bearish waters. Breaking the 36-37k is particularly important.
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Bitfinex Long/Short Ratios keep flipping back n forward.
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Futures and Swaps
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Notice that since yesterday meta data coming from futures are seeing some changes since my video. If this continues we may se another leg down.
Trading ranges are designed to make everyone unhappy if everyone start getting bullish.
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