Anticipating a drop from 24k to the 14k now that sellers on the recent down-trend have been removed from the market causing more sell contracts to become available for larger interests.
recent bullish price action (Fake rally)was to induce buyers to enter the market before the expansion to the downside. That means that There is more money being risked by retail traders in hopes for a buy than there is for a sell, unfortunately those people will be targeted and invalidated by the market.
recent bullish price action (Fake rally)was to induce buyers to enter the market before the expansion to the downside. That means that There is more money being risked by retail traders in hopes for a buy than there is for a sell, unfortunately those people will be targeted and invalidated by the market.