Post
Zikroo
$PUMP +20% today, +43% this week. RSI is overheated, so shorting looks tempting—but I’m staying out.
Why? Spot demand is still supporting price, the recent dump already flushed most leveraged longs, and funding has turned negative as shorts pile in.
I’d rather wait for confirmation: lose $0.0060, or see funding flip positive again.
Overbought doesn’t automatically mean short. Sometimes the crowded trade is the trap. 👀
$BTC $ETH $PUMP
#BessentTreasuryYields #VanEckBitcoinOutlook
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