Pretty bearish to neutral among traders and on X right now. Professional positioning looks defensive (higher put demand, weak longs in derivatives), with some outflows from crypto funds and fear/greed indexes leaning fearful. That said, extreme bearish readings can sometimes flip contrarian bullish if the crowd is too on sided #ContentMiningRevampPublicBeta #ContentMiningRevampPublicBeta $BTC
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Pretty bearish to neutral among traders and on X right now. Professional positioning looks defensive (higher put demand, weak longs in derivatives), with some outflows from crypto funds and fear/greed indexes leaning fearful. That said, extreme bearish readings can sometimes flip contrarian bullish if the crowd is too on sided #ContentMiningRevampPublicBeta #ContentMiningRevampPublicBeta $BTC