
Post
Knox BTC
$BTC Interesting weekend for once with some actionable information if you were on screen. Few things to note that pique my interest.
- Passive spot demand since close
- Massive longer was not flushed on perps but some weaker participants were
- Spot not willing to hand over coins at the lows
- Spot giving some mild participation on the current pump but likely not enough to sustain move at current rate of buying as we cant make a higher high on cvds
- Single prints above from our inefficient move
-Fresh month with historically bearish returns likely a pump to sell into at least early in the month
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