Attention everyone! Important things are said three times

On October 31, according to Coinglass data, if Bitcoin breaks through 73,777 USD to create a historical high, the cumulative short liquidation intensity of mainstream CEX will reach 1.286 billion. Conversely, if Bitcoin falls below 70,000 USD, the cumulative long liquidation intensity of mainstream CEX will reach 1.815 billion.

The moment of the great battle between bulls and bears has arrived. For the upcoming market trend, I personally tend to think it will fall first and then rise, because this round of surge has already caused retail investors to FOMO. The entry into the range these days is a consolidation phase waiting for retail investors to get on board. Although there are also a large number of short positions built in the 73,000-72,500 area, there are definitely more long positions coming from the bottom!

With only a few days left until the election, there will be phenomena of buying on expectations and selling on facts here, so the upcoming market fluctuations will definitely be particularly large, and extreme movements accompanied by wash trading will occur. Everyone, please remember to control risk well. That's all for now. For friends who haven't followed yet, please give a little click to follow for prosperity! $BTC $BTC