Ki Young Ju: Retail Traders Exit BTC Futures Markets

Ki Young Ju states retail traders have left BTC futures markets, the reverse of positioning at the previous peak.

Price sits at $81354.7 inside the Bollinger Bands on the 4h chart with the upper band at $84563.81 acting as near-term resistance and the lower band at $80551.78 as support. The EMA50 at $82444.61 and EMA200 at $82116.87 both cap upside while MACD prints a death cross at -80.4 and RSI holds neutral at 39.95. With price pressing the upper Bollinger resistance while momentum remains weak, a retracement toward the EMA50 confluence at $82444.61 appears the next logical step before any sustained move higher.