Here we have a divergence. As you see, BTC is in a downtrend while BTCUSDLongs is in an uptrend! I think this divergence means most of people think 9200$ is the bottom of downtrend and consequently opened long positions.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.