Prediction evidence

Ma

That Martini Guy ₿

@MartiniGuyYT

Bitcoin is starting to bounce, but the data still isn’t telling me to get excited. Funding rates remain negative across the board, which tells me short positions are still piling into the market. Looking at taker volume, the sell pressure hasn’t gone anywhere either. Spot sells are still outweighing buys. Futures sells are still outweighing buys. The interesting part is that spot volume is rising. There is real money coming into the market and people are buying this dip. The question is whether it’s enough. Without the ETFs, Saylor and the larger funds aggressively buying, can retail actually hold this market up on its own? Right now it looks like retail is buying the dip while larger players are selling into it. If that’s the case, this bounce might just be a pause before the next move. The next volume spike should tell us everything. 👀