⚠️⚠️⚠️Today, Bitcoin is rising strongly, aiming to liquidate short positions.

However, after the opening of the U.S. stock market in the evening, it quickly fell back and turned to liquidate long positions.

Now is a good time to short Bitcoin. It is recommended to enter the market with a small position and short, and to cover the position appropriately when it rises.

According to the contract positions of mainstream CEX, if Bitcoin breaks through $71,000, $558 million of short orders will face liquidation.

Given that the U.S. stock market has not yet opened, it is expected that some short orders will be liquidated today.

Subsequently, the U.S. stock market may further decline after opening, and long orders will be liquidated.

If Bitcoin falls to $67,000, mainstream CEX will face $1.229 billion of long orders liquidation.

The market fluctuates violently, and both long and short parties face the risk of liquidation. It is recommended to consider covering positions near $71,000.

In short, the current price is suitable for shorting on rallies.

The short-term contract strategy provided below is for reference only and does not constitute specific investment advice. Please arrange your positions reasonably, strengthen risk management, and pay attention to market trends. #比特币大会 #美国PCE通胀放缓 #美国大选如何影响加密产业？ #美联储何时降息？ #美国以太坊现货ETF开始交易 $BTC $ETH $SOL