11.6 Behind the Historical New High

1. The short positions liquidated today should exceed 200 million, becoming the largest single-day short liquidation since 15500

2. Today's trading volume will also be enormous; massive volume means there are large funds buying as well as large funds selling

3. While BTC breaks the new high, ETH has not broken the 2820 resistance level, whereas last year when BTC reached a new high, ETH broke through the resistance level simultaneously

4. Whether BTC is a false breakout and whether it forms a weekly top divergence will be revealed this month