$ARC is a ticking time bomb that will eventually capitulate, was fun while it lasted. OI bigger than MC, cross-margin traders closing exposure when $BTC was dumping. Clean vertical moves into S/R clearly supported by OI ramps. Right now CVD pushing up, OI exiting before the initial pump into S/R, clear absorption, shorts closing. IMO one last pump into S/R before capitulation would be the ideal setup I’d take...
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