Bitcoin has recently been like a stubborn "high-altitude glider"?!
It has attempted to break through the $100,000 ceiling multiple times, but has failed each time.
These days, the market has been buzzing with talk of "fatigue after repeated attempts"—Bitcoin just staged a "6,000-point crash drama", with a single bearish candle hammering down.
This might not be a big deal for Bitcoin, but it certainly exposes its recent "mood fluctuations"—price instability and a subtle attitude.
Moreover, this week coincides with the Thanksgiving holiday, during which many institutional funds are temporarily at a standstill, leading to a lack of strong capital support for Bitcoin's rise.
This also raises a question for us: Can Bitcoin maintain its current price? The answer is evidently uncertain.
Click on my profile picture to follow me for free sharing of bull market strategy layouts, various contract and spot position references, and as my fan, I’ll help you reach the shore, you just need to relax!
If I were the market maker, I would probably take the opportunity to “smash” it down hard while this wave of "dead bulls" hasn’t reacted yet.
Because the liquidation map below Bitcoin looks quite "tempting", especially when the price drops to $90,000, an estimated $11 billion in funds would be forcibly liquidated.
The same news, the same layout, the same opportunities, the same gains, fans get priority!
So, the wise move now is: Don’t rush to chase the highs! Stay calm and patiently wait for a pullback opportunity.
Controlling your position is crucial, holding a maximum of 40% of your position will keep you safe during market fluctuations.
After all, making money is important, but staying alive is even more important than losing money!
