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- #Over 100 Companies Hold Over 830,000 BTC#
According to reports as of June 19, more than 100 companies collectively hold over 830,000 BTC, worth about $86.476 billion.
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Accompanied a group of suckers and got 88k from 96k
At 94k, 92k, 90k, 88k, it was surprising to find that the contract open interest did not decrease much after the price fell, and the long/short ratio instead reversed and rose.
It's like saying most suckers haven't died, and there are still people coming in to long and trying to buy the bottom.
In terms of technology and high level, the drop here has long been in place, 90k is already in place.
But the long/short ratio of suckers scared me. Let's hedge out and watch for the night.
The rebound still needs to rebound. Hedging out may even miss the rebound and realize losses
Just scared by the suckers, buy some insurance...