Hi guys,
Although a correction is very likely and normal, I think that for now it is a bit far away, I always like to see and analyze the market through tensorcharts.com, because it gives me real-time information on the volume and the green means purchases and the red means sales. , not only represents negotiation, and by observing we can appreciate:
The analysis is at Days to give me a daily idea of the behavior, and the volume is in green, even if at this moment prices are being placed in orders, because to buy it is necessary for another or others to sell, but the volume represents in these Buying moments, and it's not bad, when we see the delta they are currently for sale at around 3852.30BTC, and there are sales orders at $ 54870.3.
If a temporary change is made, more volatile behavior can be seen and with many more sales orders. The buying force is impressive and I think this is very positive.
When looking at the shorts in tradingview, you can see that they are only opening a minimum, that for me means that there is no presence of bears wanting to lower the price.
For now this is how I see the market, it is my personal analysis regarding the issue of expecting a drop.