500 mln newly opened futures longs in the last day in Binance. This is calling for a new long squeeze. They missed the train last week, so they will try to catch it in motion. Good luck, n00bs! After they are liquidated I expect next week to get to 50K.
Well, this wasn't hard to predict. The usual long squeeze tax n00bs are paying to the
casinos exchanges. Nothing to see here, move along!
Have those longs been closed out yet? Regardless I doubt 50k next week, but back into the 40s would be nice.