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Remember this line? I told you before that now the same thing is happening on crypto; most people's are selling, and we are buying.
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Funding rates cool down, and I expect BTC will consolidate for another 2-4 weeks, between 55K and 68K.
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There are still a lot of long positions opened near the $60K level. They might get liquidated soon, and there are more than 10 billion shorts opened that have to be liquidated soon.
First, longs will be rekt, and then shorts will be rekt.
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Extreme wicks: if you're trading BTC, set some big SL; otherwise, you'll be liquidated in just seconds by wicks.
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I'll execute some positions according to this setup: if B/O CHoCH = longs, if B/D BoS = shorts.
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Omni is an EigenLayer AVS (Autonomous Virtual System) with the goal of connecting all Ethereum rollups. Essentially, it's a system designed to facilitate communication and interoperability among different rollup solutions built on the Ethereum blockchain. Rollups, in this context, refer to layer 2 scaling solutions aiming to improve the scalability and efficiency of Ethereum transactions.
