Bitcoin Short Scalp
As we made a lower-high compared to 58K. We started to see drastically reducing Open Interest & Volume despite the price rising. Normally if price is going up on low volume, it just means sellers aren't interested in the moment, but when combined with a dropping OI level, it normally means the price is experiencing a weakening bullish trend and a dip or consolidation is imminent. Volume combined with Open Interest is a powerful tool, and enough to trade on alone, if you know what you're looking for.
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