See original
分析师舒琴
--
Bitcoin can no longer rise? What will happen next?
The current rise in BTC prices is mainly due to the serial liquidation of shorts, because ETFs are actually net outflows of funds in this wave of pull-ups, but the price of the currency rose this morning, so the intention of the dealer is very obvious now, which is to blow up the short contract and liquidate them as fuel for the rise.
When the short positions are blown up, they need to be forced to buy back the shorted coins, forming a buying order, causing the price to rise, which will blow up more shorts and become serial liquidations, from 91,500 all the way to 97,500. We analyzed this with you a few days ago, when BTC was still 93,000.
What's the next step? Everyone, look at the picture. Although the dealer has blown up 97,500, the air force is like a demon, still shorting, and currently there is still 10 billion fuel. So I think the dealer will take a break, and when it falls back to around 95,000-96,000, there may be another wave of shorts.
There are more shorts, and the shorts are blown up continuously. The retracement lures the shorts, and the fattening begins.
The current rise in BTC prices is mainly due to the serial liquidation of shorts, because ETFs are actually net outflows of funds in this wave of pull-ups, but the price of the currency rose this morning, so the intention of the dealer is very obvious now, which is to blow up the short contract and liquidate them as fuel for the rise.
When the short positions are blown up, they need to be forced to buy back the shorted coins, forming a buying order, causing the price to rise, which will blow up more shorts and become serial liquidations, from 91,500 all the way to 97,500. We analyzed this with you a few days ago, when BTC was still 93,000.
What's the next step? Everyone, look at the picture. Although the dealer has blown up 97,500, the air force is like a demon, still shorting, and currently there is still 10 billion fuel. So I think the dealer will take a break, and when it falls back to around 95,000-96,000, there may be another wave of shorts.
There are more shorts, and the shorts are blown up continuously. The retracement lures the shorts, and the fattening begins.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
Replies 0