Hold on, this is going to be a deep dive! With little support and a broken protocol.
See you guys at 3000.
Bullish.See you guys at 3000.
on one hand, YES.
on the other hand, kwukduck is always bearish. i try to remove both perma-bulls and perma-bears from my sentiment calculations.
Nonetheless, there is no clear indication yet, anything can still happen, but with the way things are, I feel the bears are actually getting weak gradually, but time will tell who wins the fight between the bulls and the bears.
it's a good time to sit on hands. arguably, both sides are weak. but since we are/were in a bear market, the pressure is on the bears to reestablish control and force new lows.
shorts are pretty high at the moment too, which tips things in the bull's favor.