In the last hour, the entire network experienced a liquidation of 10.22 million USD. This amount is not particularly large and primarily involved the liquidation of high-level long positions. We won't mention Old Jin Yuan's long-term short position at 98,000. Last night around 94,800, we repeatedly warned that the physical support had been broken, and the upward channel pattern has been damaged, leading to a shift in bearish sentiment. Currently, there has already been a pullback of 3,000 points. Have you followed this thought process?
The current coin price has dropped to around 91,300, which is the EMA15 trend support point at the daily level. We'll see if this position can hold; otherwise, a large-scale liquidation of long positions could occur, making our target point of 90,000 just around the corner!
For those doing short-term contracts, refer to Old Jin's daily plan. A space of 1/2000 points is easy to profit from. Remember what I said: if you are using high leverage, focus on short-term trades; if you are more conservative, plan to combine swing trading with short-term trading.
