As you can see on the left side BITFINEX:BTCUSDLONGS is pretty extensive and reach to a high level in the past 7 days, but BINANCE:BTCUSDT on the right side ,even though print out a bull flag, but didn't get much follow through for 7 days.
So I think, if bitcoin didn't break up above $3733 to get a higher high, I view remain bearish
*it's for education...
As you can see, on Binance, ethusdt has formed equilibrium on hourly basis,
but ethusdtshorts is way too extended on Bitfinex and make ALL TIME HIGH, I think bear got too greedy, so there is potential bull move.
Set stop-loss at $82.69~$83.54
/* for educational purposes only, not financial advice */
