Crazy already:
52 Million dollars opened in BTC shorts since the open of the US market today.
Well, people are really bearish nowadays, but bad time for them if Bitcoin is going to rally.
Somehow the experienced traders manage to squeeze money off markets whether they are bearish or bullish.
I think that the worse has passed, but there's still uncertainty. At least we don't know
when is going to rally. As long as bitcoin moves up and down between 8500 and 10000, they are happily buy and sell and again and again.