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BTC 82,850, repeatedly reaching new highs.
Has the bull returned?
Fear and Greed Index 46 (Fear) - Price hits new highs, sentiment takes a nap
Long/Short ratio 66% accounts shorting - Two-thirds of people are betting this is the top
Wikipedia Bitcoin yesterday 4,869 times, below the average by 10% — retail investors haven't yet perceived the new high, but the number of contracts is flat, which means it's not new longs entering, but old positions becoming more valuable
82K is not driven by longs chasing the rally. It’s the shorts’ stop-loss orders gradually pushing BTC higher.
The moment the bull returns is when retail investors start FOMO. Today, that moment has not arrived yet.