CoFo Scout shows ongoing short unloading but lacking market consensus.

Analysis of CoFo Scout Readings

While strong shorts fading, doesn’t necessarily justify longs yet.

Higher tfs still split between W1 longs & competing D1/D3 shorts — albeit weakening shorts.

Mid-term shorts also discharged & replaced by longs, but signal strength insufficient for macro direction conviction yet. Some assets show individual clarity though.

Broad indications remain bearish overheating. However some altcoins likely retain unexhausted upward potential based on distinct signals. Consider these selective long setups rather than bias assumption in messy big picture.