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TronWeekly

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Bull Market Caution: The Cycle shows that Traders Are Less interested in betting against Bitcoin

  • Traders are more likely to hold on to their Bitcoin instead of selling it.
  • Occasional long squeezes suggest that traders are not that optimistic.
  • Fewer short sales of Bitcoin may indicate confident buyers expecting the market to rise.
  • Axel Adler Jr. noted a shift in trader behavior with fewer opening short positions compared to the previous bull market.

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