Judging from the liquidation data, the number of short orders being liquidated is increasing significantly, indicating that many people are blindly chasing shorts and are bearish. The decline has not stopped yet, but it does not mean that you can just go short with a full position! In the past 24 hours, short orders were liquidated for $100 million, long orders were liquidated for $500 million, and the liquidation data exceeded 232,300 people...
Today's short orders are not bad. I ate a bite of meat and went to No. 88 to loosen my muscles at night. I saw that the market was a little bit active, so I shared it with you before going to bed! Bitcoin rebounded after acupuncture at 92,500, and continued to retreat under pressure after rebounding to 95,000. Now the price is fluctuating at 94,000. The U.S. stock market is closed on Thursday, so don't hold too much hope. You can only run short-term and stop when you see good.
The upper pressure of Bitcoin focuses on 95,000, 96,000 and 97,000 positions, and the lower support focuses on 92,500, 91,500 and 90,500. If you rely on the pressure level to short, it is recommended to put the defense at 97500. It is not recommended for long orders. This sudden rebound after the needle is not easy to catch. To be honest, the current market has not stopped falling, so it is safer to go short. For long orders, you can only find opportunities to enter the market quickly when the needle is pierced.
I still hold the short order at 96000. The lowest retracement is 92500. There is a space of 3000 points. I don’t know if you have eaten it or how much you have eaten. I will continue to look down at 92000 and 91000. Defend 97500.
The upper pressure of Ethereum focuses on 3330, 3380 and 3420. The support below focuses on 3200 and 3100. If you participate in high altitude, set the defense at 3450.
My personal idea is mainly high altitude, but not to chase the short. The pressure level has been given to everyone. It must be a light position, participating in batches. The stop loss is also given clearly. Don’t be the kind of blogger who earns money after the event. Okay, everyone go to bed early, good night! #加密市场回调 $BTC