#比特币价格走势分析
$BTC dropped sharply to 91,000. Many high-leverage long positions have been liquidated, but bulls continue to emerge one after another. Just as one batch is wiped out, a new batch appears.
Between 90,000 and 91,000, it is still a dense area for bulls. If it drops below 90,000, over 1 billion long positions will be liquidated. Based on the current situation, it seems the market makers will not let this opportunity pass.
Currently, we are still in the US holiday, with very poor liquidity, making the market easy to manipulate.
2. Tonight at 21:30, the most important non-farm payroll data will be released. Some investors have already sold off for safety, as the job vacancies in the employment market have caused #BTC to drop by 10%.
The impact of the non-farm payroll data far exceeds that of employment data. Additionally, as the weekend approaches, the main short forces in the market may continue to slaughter the bulls until they are completely cleared.
However, it is still too early to conclude that we have entered a bear market; bullish factors such as halving events and power transitions have yet to materialize.
For us, it is essential to manage our positions and leverage well, and not to fall before dawn.