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2026-5-11
Time to go to bed. The recent 802 needle seems more like it’s following the message side to clear out both sides, taking out the short positions at 815-816, and then plundering the high-leverage long positions above 800.
Currently, there’s no significant change in position, still around 81530 and 81650 as I mentioned last night, with about an hour left before the daily candle closes.
If the daily candle can close above 808 (preferably above 80925), the bulls might still have some room to run.
I know it’s not so easy around 815, but the speed at which this needle is inserted is unmatched 😂···
Bitcoin is still relatively easier to find good positions for, while altcoins are hard to handle, always oversold... not easy to judge...