I haven't paid much attention to the contract positions these past couple of days. My goodness, has it really gotten this much? Is money just blowing in from the wind? Can't afford spot, so just open contracts? The long liquidation chart is completely full, and the liquidation risk for Bitcoin should be at its peak, right? Those with contracts should be more cautious.

It can be regarded as a combination of good news and bad news.
The good news is that the trend of mainstream coins is beginning to converge, and everyone no longer has to worry about the big bitcoin running all the way to 100,000, 150,000, or 1 million. The market should always be more sociable, and everyone should eat meat and drink soup together, not alone.
The bad news is that after the market stabilizes, some smart money and speculative money will consider hedging and wait for the next opportunity. The risk has been infinitely magnified.
I would rather take a break over the weekend and continue to hit 100,000 on Monday. I have opened long orders. If you don’t hit 100,000, isn’t it a waste of time?

Rarely seen, right? The market is continuously breaking new highs with Bitcoin, creating history. In the crypto world, there are really only two types: one is Bitcoin, and the rest are called others. Other coins are in a complete mess, the better ones are stagnant, and the worse ones keep falling.
If conditions allow, don't move. With Bitcoin's upward trend, my bold speculation is that it is preparing to challenge 95,000 before a major correction. Other coins have already corrected; it wouldn't be appropriate for you not to correct as well, right? Not fitting in.
Those with guts can dive in directly, take a few hundred points of gains and then run.

The less you believe, the more it rises until you feel dizzy, the emptier it is, the more it rises, how many air forces have become fuel, how many air forces are sleepless tonight.

I originally thought that the rise of the pancake was already quite strong, but who knew that the increase in contract open interest was even more vigorous. Ever since the victory of the understanding king, the contract open interest has been continuously increasing. The long and short positions have been very stalemated. If we look only at the rates, the long positions account for a large proportion, but from the liquidation map, there are also many short positions. On a single day, the number of short positions opened is much higher than that of long positions, and it only needs to reach the position of 94,500 for a large number of long positions to be liquidated.
The situation of double kills for both long and short positions has already formed, and I am hesitant to open a position. Let's wait for tomorrow's trend.

The market is correcting, so seize the opportunity to enter the market. This time I plan to go long on bnb at the price of 600, 700 in the short term and 800-900 in the long term.

Mining is finally out, and I missed a chance to show off. I was thinking of reminding bnb about mining, which is expected to be out soon and there will be a wave of price increase. Now it has become hindsight. Fortunately, I bought some bnb at more than 620, which is a small profit, otherwise I would have been very disappointed.

Brothers, witness history again, 93,000. I like to watch Tingquan's program recently. Let me borrow it. All stand up and sing a song of Spring Courtyard Snow. With the situation of Dabing, it seems that few retail investors can make money. All the institutions and big guys are making money. Forget it, let yourself go and reconcile with yourself. Who made you get off the bus early?
Since you can't catch up with the surge, then study it carefully, settle down, and see where the top is. You really need to settle down, don't rush to open a short position.

The big pancake has created a miracle again, 89940, money at this time is just like a number, jump as much as you want, truly admirable, still it’s old Bei, once again showing his strength to his clients.
Some brothers in the comments said it will quickly reach eighty-eight thousand, I didn't think it would be so fast, in the end, we were all wrong, not just eighty-eight thousand, probably ninety-two thousand won’t be difficult, I misjudged, but that brother was also wrong, he said to short at eighty-eight thousand, now I don’t know how it is, hope it’s not too harsh, there’s no limit to how many thousands it can reach anymore.
Another brother said I called eighty thousand casually, I told him if he disagrees to short it, I don’t know how that’s going, did he short it, if he shorted at seventy thousand or more until now, he wouldn’t be dead but would have lost a layer of skin.
Currently, I have two losing short positions, one opened at sixty-four thousand, liquidated at eighty-four thousand, one opened at seventy-six thousand, liquidated at eighty-eight thousand, initially opened as a counter position, now at this point I dare not open, the dealer is not only eyeing these few counter positions but also wants my principal, let’s wait and see.

Currently, Bitcoin is still galloping ahead, having thrown other coins out of the universe, reaching eighty-eight thousand. To be honest, I didn't expect this price level to come so quickly, as the previous low point was sixty-eight thousand, which means an increase of nearly twenty thousand points. There shouldn't be any big players left on the bearish side, only small retail investors remain.
This scene with Bitcoin actually happened not long ago on Myanmar A, where in a week, it surged from 2689 to 3674 points. The fervent market sentiment was much stronger than it is now. If we apply the Myanmar A trend, Bitcoin might surge to ninety to one hundred thousand, and then correct, before continuing to rise after the understanding king takes office.

It's unreasonable, totally unreasonable. Bitcoin is at 84860. I don't know how many empty-handed big guys are holding out for it. As long as they hold out for it, it can be said that a year's work has been in vain. But I don't think this is a good phenomenon. Now it's a Bitcoin carnival, and not many other currencies are following up. This wave has been misjudged. The power and greed of capital have been underestimated. Ma is right. Bitcoin is all we need to solve the debt problem.

If the liquidation heatmap data is not falsified, many people have already closed their positions during the wave of eighty thousand, and I am one of them. I am holding my assets and observing for a while, staying calm, and will see the trend tomorrow. In fact, there is still a lot of room for liquidation downward; it’s just that I personally feel the market sentiment is still there. The opportunity for a waterfall drop of five thousand or ten thousand points is not yet here. There is not much profit left in short positions; the next step will definitely be to liquidate the long positions. My script is to surge once, then impact another wave towards eighty thousand one, and then come back down by five thousand or ten thousand points.

The big pancake has once again given back to the fans who believe in it, reaching 77,500, getting closer to the target of 80,000. Such a fierce upward trend is bound to be accompanied by a large number of short positions being liquidated. 13.22 million big pancake short positions were liquidated at 7:25 AM, which is very unfortunate; another wave of people will have to leave the crypto world. Futures are indeed very attractive, and the open interest has increased by 4.5%. Currently, market sentiment is high, and we can still aim for 80,000. For those who can't wait, you can open a short position now with a very small amount to try it out, while those with a heavy position should wait for 80,000.

I just saw someone say that when the understanding king comes to power, it is good for Ethereum, the reason being that the understanding king's family is involved in Ethereum projects. What kind of logic is this? They also said that admitting Bitcoin is a successful asset does not represent blockchain. I think this brother is too deep in Ethereum; seeing Ethereum explode today, he comes to fool people into getting on the train. Li Xiaolai once said that even a fool's consensus is still a consensus. He thinks he is not a fool but a smart person, having once owned 100,000 coins and cashed out 13.5 billion to retire completely. If he acted like a fool, today, those 100,000 coins would be worth over 53 billion. So is it that hard work is rewarded or that virtue carries weight? Let time tell us. After so many years of experience, I only look at BTC and BNB. BTC is the representative of blockchain, the faith of blockchain, while BNB is a personal choice. I believe in CZ and the first sister, and I believe in their team.

Today is a day worth celebrating for the cryptocurrency world. Aside from shorting contracts, everything else is making money, especially BTC, which has broken through seventy-five thousand in one go. Other cryptocurrencies have also seen good gains, and apart from ancient positions, most have basically been resolved.
All the good news has been realized, so the remaining task is risk management. Although the understanding of the king has won, there is still some time before he officially takes office. It's normal to have a correction in between. It might be a good idea to stay on the sidelines or take a small short position, but don't short Bitcoin. Consider shorting around eighty thousand.

Actually, there are only two scenarios now, it's up to you whether to choose one to bet on or to stay out and wait for the market to clarify.
One is Trump wins, the cryptocurrency market rises across the board, Bitcoin hits eighty thousand, those who are in loss can break even, and those who want to take profits can do so, everyone is happy.
Two is Trump loses, the cryptocurrency market temporarily dips, clearing out the bulls, watch for the right moment, buy on the dip, and wait for good news.

It has been a long time since we have seen this kind of situation. Bitcoin brings us a feeling of a bull market coming back. Bitcoin brings us a shock to our faith. Satoshi Nakamoto would also say at this time: There are only two kinds of coins in the currency circle, one is Bitcoin and the other is others.
Some people say that missing out is a hundred times more painful than being stuck. In fact, it is not true. At least there is still a chance to miss out. If you are stuck, you have no chance to turn around. I sold SAST at 80 (sold at the high point), and couldn't help but buy it back at 73 (bought at the top of the mountain). It was a mysterious operation. Now, WQTDYD, 25, returned to 42 some time ago, which was also cut in half, and the return on investment is far away.

Sure enough, they have all rebounded. Just now, I wanted to enter a position at BNB 605, but I hesitated, and now it's 609. I missed out. Ethereum has also risen to 2648. Has everyone missed out? After several fluctuations, everyone has gotten used to it and has sold. Now, everyone is slapping their thighs.
For those who missed out, don't chase anymore. You can open a short position with a small amount to make up for some fees. The contract open interest is already quite large, and there aren't many shorts left to be liquidated. Two shorts in the tens of millions have already been liquidated. For safety, place a short order at 74990. As long as the old special doesn't win, this order should be fine. Relying solely on interest rate cuts won't push it to eighty thousand.

Bitcoin suddenly exerted its strength, and it can be said that it has sparked and brought lightning all the way. To this day, it can still be said that Bitcoin will not let you down. However, the election has not yet been decided. Those who are more conservative can choose to sell some of the spot. If Trump wins, it may rush to 80,000 at once. If Trump loses, don't be afraid. There will be interest rate cuts later, which can also stimulate the market in a short time. 75,000 should be able to reach it.
Let's talk about the risks. Now Bitcoin has exploded, and other coins have not followed the rise. Ethereum has even returned to 2630. The market funds may be limited, and they all go to Bitcoin. There is an opportunity for a catch-up rise here. After the election, interest rates may continue to be cut, and there will definitely be a batch of coins that will catch up. Everyone should choose carefully.

This situation is not common. The mainstream BTC, ETH, and BNB are rising, while the altcoins have been falling. The safe approach is to clear part of the inventory and make plans after the market becomes clear. Under such market conditions, the price will not rise much.