Hedges are off, shorts are closed, and ETF flows have flipped positive.



What $BTC needs now is confirmation at the Short-Term Holder Cost Basis at $69k, rejection there puts the lower demand shelf back in play.
BTC-0.51%
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CryptoZeno
· 32m ago
This 69k short-term holders’ cost line really is a recent key turning point between bulls and bears; if it can hold, the outlook is promising.
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LeechSlayer
· 1h ago
This 69k short-term holders’ cost line really is a recent key turning point between bulls and bears; if it can hold, the outlook is promising.
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DividendDove
· 1h ago
Every time I see the word “confirm,” I know it’s going to be a grind again, but the cost base backing is indeed harder than I expected.
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HighLeverageGambler
· 1h ago
ETF net inflows turn positive + shorts exit, the signal looks good, but don’t rush to FOMO—wait for price confirmation.
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PositionBricks
· 1h ago
Hedging off and “Short closed” indicate that smart money is covering shorts; together with ETF data, the outlook is bullish in the short term.
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MoonlightDisconnectSwitch
· 2h ago
If 69k can’t hold, the next pullback may drop to around 65k to buy.
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ZeroTrustTrader
· 2h ago
Short positions have dropped so much, but it still hasn’t blown up—feels like the market is waiting for a catalyst. Could it be next week’s CPI?
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