adam|Nov 16, 2025 15:52
Interesting to see that while Bitcoin is down 15% since 10/10, there has been no real capitulation in derivatives since.
This is what kept me from buying the dips, as there is just not enough pain to do so.
While im absolutely not rushing to buy this since the indicators are not showing the capitulation yet, I dont think shorting has good R:R anymore as the price trend is getting quite extended and we also had some strong volumes during the selloff which often signal bit of a mean-reversion.
I would look for either one more aggressive stab under 91k with hopefully some liquidations coming in and basis turning negative, or if shit really hits the fan I would probably bid around 84k since that has good R:R from purely price action pov.(adam)
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