Are you still long bitcoin etf? Short term trading, I went back long btc perp futures a few days ago, about to add collateral and increase position
Looks like this rally pretty much fizzled out for the moment. Need to see if it has more legs or not. I do have an order placed near 32K but I might flip even sooner depending on how things play out. Otherwise, plan to just sit tight.
And she is indeed tanking! Is there a fundamental behind this? Or is it simply profit taking? To me, this is (in hindsight, at least) a complete bull trap. There ain't no way this will turn around now. Just look at the long wick. And we're back below 28.8K, where I first shorted.