Today's trend, I have to say, is really dramatic! It's truly a deep V temptation, first a sharp drop in the morning to test the bottom, then a slow bull rise, followed by an inverted V in the evening, and then another V turn upwards! So many twists and turns, the market makers really know how to play. Overall, today was a major blow to the bears. In the past hour, the bears lost 19.18 million dollars.
Overall, the bulls are still strong, having reached a peak of 92,700. Next, we need to pay attention to the resistance at the previous high of 93,400. The bears dare not short anymore; they would rather stay in cash and wait for a pullback to go long than to short again. However, we cannot rule out a sudden inverted V drop in the late night, leaving everyone confused by this market. The situation is unclear at the moment, and I do not recommend chasing short positions right now, and even more so, do not chase at all, let's wait for the market makers to finish their tantrum first! #交易所BTC储备量创2018年以来新低 $BTC