BTC bull momentum wear off

As you can see on the left side BTCUSDLONGS is pretty extensive and reach to a high level in the past 7 days, but BTCUSDT on the right side ,even though print out a bull flag, but didn't get much follow through for 7 days.

So I think, if bitcoin didn't break up above $3733 to get a higher high, I view remain bearish



*it's for education purpose only, not financial advice*