The bulls in the intraday market must be feeling the pressure. In the past hour, long positions worth $59.34 million have been liquidated, in the past four hours, long positions worth $99.2 million have been liquidated, and in the past 24 hours, long positions worth $630 million have been liquidated, with over 236,500 people liquidated!

On Wednesday morning, according to Bitcoin data, there were indeed some signs of panic. Investors who made short-term profits and losses had obvious signs of leaving the market. It should be that the sudden decline broke what many investors thought was the beginning of a big rise. , indeed the decline has exceeded my expectations. The situation has reversed in the past two days. The long positions were liquidated to US$480 million in 24 hours, while the short positions were only US$58 million. That's why I think the emotional panic may be adjusted. For now, let's see where it falls.

Never put all your chips in. The market always brings surprises. When the price broke through the Bollinger Band the day before yesterday, the price plummeted due to Trump's political policies. No matter how good the price trend is, you must set a stop loss to control the risk. There will always be black swan events in the market, and the market is always emotional, not rational. The speculative market is irrational and is a group of emotional speculators. In this market, greed and panic dominate the rise and fall of prices. Feel the heartbeat of the market and follow the market's signals to place orders.

The momentum of the overnight rebound is not very strong, and the consolidation sentiment is weak. Although it has stopped temporarily, the daily and four-hour charts are not very optimistic. There is an obvious door-drawing action. If today's price if If it cannot return to above 98,000, then there will be signs of continued weakness tomorrow, and short-term adjustments will be the main focus on rebounding. Don’t think about buying the bottom at this time.

In the short-term operation of BTC in the morning, it rebounded from the 97500-98000 area, and the target is 96000-95000. If it does not break, come again!

The state is great, the winning streak is still there, you are not sure whether you are long or short, you have to know your ideas correctly and walk side by side! Create greater glory! #BTC重返10万 #比特币走势观察 #加密市场反弹