#比特币走势观察

Bitcoin rose to the 99200 level in the morning, then entered a high-level sideways consolidation. Is this a brief stop to lure shorts, or is it a struggle against a surge to lure longs? At this moment, whether bullish or bearish, caution is needed. Bulls should not be overly optimistic about going long, and definitely should not chase the rise directly. Bears should also not be too aggressive in thinking that the 100,000 level will inevitably pull back; strict stop-losses must be maintained.

From the liquidation chart perspective, the 100255 level for Bitcoin's rebound is a dense liquidation point for short positions, with 900 million USD in shorts to be liquidated. If it pulls back to the 97200 level, there are 590 million USD in longs to be liquidated. How the market will move can only be verified by time!