Will crypto go down?

🔺In the last reporting period from 11.05 to 17.05, institutional traders shorted by 247 units at a bottom BTC price of $26700. Who would have doubted, but their recruitment of shorts was justified. The huge preponderance towards the longs remains 8.87:1. A good sign is that the $26700 price is attractive for shorting shorts.

🔺Probably the "bottom" is somewhere near.