Update regarding BTC.
As previously explained, we looked for the liquidations, the CME closing and the Max Pain Price.
We performed a gorgeous squeeze short.
I put you a possible patern in W bottom which might be taking shape.
Precision an M in a W is very bullish.
Regarding open interest, we are seeing a slight rebound at the CME level.
The long short ratio is in the process of cross which is also very bullish with the negative spreads.
Level to watch $ 41500.
