Sympathies to the futures bulls (including myself), just when we wanted to go all in...
We got hit hard instead...
The spot premium hasn't rebounded significantly after the crash, indicating not many futures shorts have entered. $BTC is currently a battle between spot shorts and futures bulls...
Last night I guessed Koreans were starting to return to crypto, but this morning I saw the Korean index plunge and trigger a circuit breaker, so let me guess again—did they sell BTC today to cover stock margin calls?
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