The market is now ready to test support at $5659.5 in spot market. Please note that market went into backwardation (Backwardation is when the current price of an underlying asset is higher than prices trading in the futures market). This means large funds buying at spot and selling in futures market (spread trade) is over implying that spot market purchase is over until things change.
Never listen to any news that will be marketed to you. I don't want to be a buzz killer for hoddlers, but music is over uniess they are holding positions less that $5K.
Never listen to any news that will be marketed to you. I don't want to be a buzz killer for hoddlers, but music is over uniess they are holding positions less that $5K.