Spirit Jonber Kim

Season off? No, it's a bull-bear rotation.

Fig 1) The inflow mean from the all exchanges to the futures exchanges in late September - November is about 2-4 in the 168h MA value. Fig 2) But if we look at the February-April value of the same graph, we can see the range of 2-2.5. In other words, the share of whales moving to the futures exchange during rapid market price fluctuations in September-December compared to February-April is higher. So current high leverage has a high proportion of smart money. Fig 3) The 7-day area and 30-day line of the Futures taker buy-sell ratio are shown below. In the bull market, when the 7-day line rises above the 30-day line, the price rises as a result, and in the bear market, it falls. Fig 4) After mid July, I defined this as a bull-bear rotation market. After the 7-day line rises significantly above the 30-day line, the price rises, but when it rises slightly afterwards, the price declines. These significant rises appear at intervals of about 70 days. And now is the time!