#ETH/USDT #Analysis
Description
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+ As shown in the chart, the Bitcoin CME futures gap is still unfilled.
+ This gap was created during the sudden market crash driven by recession fears.
+ Historically, 90% of CME gaps get filled sooner or later, and we expect the same outcome in this case.
+...
The CME report for the 23rd to 30th of August came out Friday and saw interesting price action from Bitcoin.
Another approximate 1k range is currently between 20.4k and 19.3k.
This is similar to the previous range of 21.8k to 20.8k.
As of the report, Exchanges (Dealers/Intermediaries) increased their Longs by a massive 293%.
The change in Shorts being...
