Trader Ansem: Has partially taken profit on short positions; major coins have not yet reached a technical bottom.

Trader Ansem said on November 11 that he has taken partial profits on his short positions, noting that major cryptocurrencies have not yet shown technical bottoming characteristics even as the market appears to have reached an emotional low. He described the current level of despair in crypto sentiment as the strongest he has ever seen. The remarks matter because they distinguish between price-based technical signals and crowd psychology, suggesting sentiment may have capitulated before price confirms a durable floor. What to watch next is whether major tokens begin printing technical bottom formations that would validate the sentiment shift Ansem describes.