I do believe you can predict 2% moves based simply on the ratio of longs to shorts. I dont believe this 1k long from 6600 and higher will be just left out to stay profitable.
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Well it kinda dumped from 6740 to 6660, which is fine, but i guess we can have one more push down.
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Congrats, 6600 broke (for now), take your profits
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I would say we have about 1k btc in longs to shake out, in general im aiming for 6250 to exit my short from 6770 and just leave 1x hedge,
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That pink line a little bit lower.
Trade closed: target reached