$BTC Predicting in Advance
Will the Bull Market for Bitcoin/Ethereum/Altcoins Pause?
Pay attention to the chips you have in hand! How much do you have around 105000? How much short position do you have around 85000? Altcoins are the same, at this time, whether you are long or short, it must be uncomfortable. From my understanding, many positions have been held for 1-2 months. Now, it depends on how the long and short positions are washed out. Will this needle first pierce upwards or stab downwards? If Bitcoin rises to 105000, it will blow out nearly 2.4 billion in short positions. If the current market continues to drop, long positions may face liquidation of 1.1 billion.
Will it pull out the shorts before rebounding again, or will it dip again after a second rebound? Looking at Bitcoin's current situation, pay attention to the low point of 92500 during the second dip. Regardless of whether you are long or short, trading must prioritize risk control first, profit second. As long as you keep the green mountains, you won't fear firewood. Don’t be swayed by the market's unfounded directional thoughts!
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