$BTC OrderFlow 📊
Bullish absorption across venues now!
Large weekend shorts are starting to feel the pressure as spot buyers push them into losing positions.
If that pressure from spot buyers continues and shorts begin to close, their exits will turn into forced predictable market buying pressure - potentially accelerating the move higher.
Let’s see whether sellers can defend these levels, or if late shorts get punished by a sharp weekend bounce.
I’d be sweating hard in those shorts right now... 🥵