In the past 24 hours, there have been over 93,900 liquidations, with both long and short positions being wiped out by the market manipulators. Long positions faced liquidations worth $100 million, while short positions faced liquidations of $150 million. Bitcoin initially surged with a large bullish candle to around 99,450, liquidating short positions, and many rushed to chase the upward trend, thinking it would reach $100,000. However, in the early morning, the bullish momentum abruptly halted and began to retrace, hitting a low of around 97,226 and liquidating more positions that chased the rise. The market is heavily manipulated, so be cautious of chasing highs and selling lows!

The air force has been cleared, should we clear the longs next?

The drop in Bitcoin over the past 4 days was directly countered today by a big bullish candle; it's a fact that the previous shorts have been hurt, and there's no denying that. The behavior of making a profit and then shouting it from the rooftops, only to go silent when wrong, and repeatedly shorting again is not something that a wise person would do. When taking profits, one should share the joy, and when taking losses, one should also warn of the risks. Don't get carried away, don’t hold onto losing positions!

Those who shout slogans loudly, saying ‘charge,’ and that ‘stopping loss means liquidation,’ are really not the words of a true sharer. This only stirs up the emotions of the retail traders, but ironically, they love this kind of talk; it's hard to advise those who are stubborn. No choice...

Today we slaughtered the shorts, but in the later half of the night, we can't rule out a crash. First, we pushed the price up to clean out the shorts, and now everyone starts chasing longs, then we might start dumping it back down—a common trick of the market makers, nothing surprising! The daily K-line level is under pressure from the mid-line, which is a reference point for high shorts. Additionally, the current market is testing the upper pressure of the 4-hour level, which is also a potential shorting position. So this is my reason for going short next, for reference!

With every trade, I clearly and straightforwardly share my views on why I am making those moves. Once a level is broken, there is no need to hold onto the position; timely stop losses are essential! It's not about hype; it’s not just talk! Shorting Bitcoin at 99200 and 99700 here, with targets looking down to 96000, 94000, and 92500, while keeping the stop-loss at 10500.