Main long position explosion, within 24 hours, the total liquidation across the network reached 495 million USD, of which long positions accounted for 392 million USD. Bitcoin's intraday drop is 3.17%, there's really no rush to go long, the bull market is far from over, but definitely do not try to go long during the pullback, as it is bound to get stuck or liquidated.
Bitcoin broke through the first support level at night and started to rebound. Today, pay attention to the position at 92675; only if it stays above this position, the 1/2 hour level can start to rebound upwards. The upper pressure levels/targets to watch are around 93840-95065-96510 (if it holds above 95065, the daily level pullback will end and the market will start to move upward).
BTC trading suggestions
Continue with a high short strategy today, look to participate in ambushing high shorts around the rebound levels of 93600 and 94600, with targets below at 92300, 91300, and 90300.
