$BTC

●Verify the current state of the main force's actions mentioned earlier: $BTC
1. It was mentioned that the price needs to break 69520 by 4 AM, and it has since reached a new high.
2. For several consecutive months, speculation has occurred while Asia is asleep. Asians must take care of their liver!
3. As the market has already progressed to the afternoon, it's crucial to understand what the main force is doing. After breaking 69520, at 6 AM, a speculative buyer used sell orders to close long positions instead of using market orders to press prices, resulting in all orders being filled. However, such situations can be anticipated with a certain probability. As mentioned in the attached conversation, there was a significant amount of closing long positions at 6 AM, but no market sell-off was used, which is equivalent to not selling; it was just a transfer of holdings. This indicates that there is still something happening, and the speculation time lasts until the morning. Thus, this led to a price increase at 10 AM.
4. At 10 AM, a speculative buyer concluded.
●Future (subsequent):
After the decline resulting from the conclusion at 10 AM, there will still be speculative buying, but its timing is very urgent. If it speculates at 3 PM, there will only be one outcome, which is a minor price increase without much volume. This will lead to price divergence, and the selling volume above will be larger. It is unlikely for the main force to push prices up first and then absorb a large number of high-priced orders at high levels; this is something that only retail traders would do when chasing long positions.
Therefore, there is resistance above, making it difficult to speculate long, and liquidity providers have no intention of replenishing liquidity at this time. Thus, if speculation occurs, it will result in lower trading volume, attracting more people to sell. However, this only represents the short-term situation at hand. As long as consolidation takes some time, speculation can be renewed, and there are still many small speculators in the market; however, the current issues have created significant resistance, and this must be interpreted as 'a decline followed by high-level consolidation.'
In the subsequent period, given that today has been characterized by speculative buying without any short selling, the focus is on whether the buyers will be attracted to sell. Large single transactions from buyers need attention, but selling by buyers is different from a shift; it can only be termed as a decline.
After waiting for a decline and maintaining high-level consolidation, the next question is when the speculative short sellers will return.