BTC is still consolidating under 365d SMA line.

in H4LAB Research4 days ago

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Source: Binance exchange

But it seems that BTC(Bitcoin) is trying to break it. It's also above 7d and 30d SMA(Simple Moving Average) lines. I hope it will surpass within this month. If yes, next month would be exciting.

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Source: CoinGlass

However, one of my worries is that.. Cumulative Long Liquidation Leverage is much more than Short.

We're going through a turning point. I don't know whether it's entery of a bear market or reentry of a bull market.

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