Greeks.live: Some traders admit to the existence of "unlimited buying" and some market makers withdraw sell orders
3hours ago
According to Odaily Planet Daily, Greeks.live macro researcher Adam published an English community newsletter, noting that sentiment within the community is divided. Some traders acknowledged "unlimited buying" and upward momentum, despite personal hesitation, while others believed Bitcoin and Ethereum had reached a peak near $122,000 and $4,700, respectively. The market recognized strong buying pressure, creating a "buy too strong" scenario, with peak open interest at record high spot levels, creating uncertainty about timing. Some market makers withdrew sell orders due to excessive buying pressure, while large trading volumes of 10 million indicated the accumulation of institutional funds.
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