Liquidating 1.6 billion short positions can go up to 113,000, but liquidating 1.6 billion long positions can only go up to 100,200. One side is strongly supported at 3,000 points, while the other side has a potential of 10,000 points in the future, so now neither side should be considered. This is because the second contract is relatively weak. Many people see the first contract moving like this, and the second contract will definitely go to 4,200 or even 4,500.

Let's wait until Monday to see. I lost on the fifth short position using bamboo shoots; this time, I need to set a proper stop-loss when entering again. There is no other reason; the upside generated by liquidity pressure is meaningless. It is essential to have an acceptable stop-loss and plan the position well; otherwise, if the extreme space is reached, it will be very painful.

#BTC☀