The BTC daily line pullback trend has formed, will it continue to drop below 90,000?
From the liquidation map, in the coming week, if the price pulls up to 104,400, the bears will have 3.094 billion USD liquidated. However, if it drops to 83,000, the cumulative liquidated longs will only be 991 million USD. Yes, after all, it has already dropped from 99,600 to around 91,600, with a decline of 8,000 points. Those who chased the long positions and had heavy holdings have basically exited!
When others are greedy, one should be fearful; when others are fearful, one must be greedy! The bulls have been ruthlessly trampled by the bears! One cannot be too stubborn on the long side, still looking at 100,000? One must respect the trend and stop losses in time. A rebound is an opportunity for shorts.
