OKEx Trading: Watch out for short term safety as BTC long / short positions fall below 0.9
07月
24
2020-7-24 11:59
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OKEx Research found that BTC fell over $9,600 yesterday before breaking through the $9,700 resistance level and breaking through the bears due to lack of volume support and has now reversed at the 9 level. $550. . The ratio of long to short positions on the OKEx contract has continued to decline by around 1.0 since this morning and is now down to 0.89. Total open interest continued to rise as recent sentiment returned. Yesterday's reversal was promising and strong selling closed. $9,700 increases short-term booster income potential. Remember the power booster. If the stable and bullish trading volume continues to develop, it could break above $9,700. The cycle adjusts slightly when it drops below $9550 or volume fails to rise.
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