BAND / TetherUSLong
BAND
I think the bulls are creating a trap. The downside is very bad in the current situation, but the charts look good. I think the bulls are looking to liquidate. The bulls are waiting for short orders to swallow them to their advantage. They are afraid, on the other hand, the market will have to settle the long contracts in the next two weeks. In this situation, the bears will start to shorten at the same time as the settlement, but the bulls are much richer than the bears. The result is that the bulls will keep the price in the middle range during the settlement of the contracts. It pulls the price down. Bears who see favorable conditions come in. This is where our rich grandfather liquidates contracts in his favor. This scenario could push Bitcoin above 30,000.
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