Military Advisor's Market Analysis: (Issue 98)
Let's look at the liquidation chart. Yesterday I said that there were tens of billions of shorts above 67000-72000!
The needle at 68000 directly pierced 20 billion!
The futures pull is awesome, it's to blow people up!
The short orders are blown up and the long orders are blown up, interspersed back and forth!
The shorts above 69000-72000 have been stored for half a year, and there is a good chance this time!
Let's look at the Bitcoin ETF, which had a net inflow of 373 million yesterday. I posted a post yesterday!
When the net inflow of ETF reaches the peak, the callback often begins!
So there is a risk of callback here, so be cautious!
The funding rate is still dominated by longs, all red!
The holding volume has reached the historical high of 37.7 billion, and now the long contract is extremely expected to break through 70,000!
The risk factor here is very high, pay attention to the last carnival of the risk market!
Let's look at the Bitcoin K-line:
I said yesterday not to short, it is easy to become liquidity.
Waiting for a pullback to buy more, the price immediately collapsed to 64800 last night!
Unfortunately, the price is a little bit different from what we expected!
The current view is maintained, and short selling should be cautious!
Buying more on a pullback is safer, or ambush altcoins that have not started to rise yet! !
Bitcoin rises and goes sideways, and altcoins will have a spring wave! !
