Market Cap BTC, $

BTC vs BTFNX LONGS, STABLECOIN DOMINANCE

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Same behaviour to May 2021 dump, and many subsequent lower lows and shakouts, seems to me that market is expecting a rebound.

In contrast to March 2020, where we saw the same increase in stable dominance during a flight to safety - but longs were aggressively closed as price decreased instead of loading up.

Seems to be a serious loading up of risk for a short term move, when longs start selling off very aggressively during a bear market bounce I'll start to get a lot more bearish.

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