$BTC
As a long position, I feel horrified watching this short squeeze tonight
The market is trading sideways at a high level, and retail investors dare not open long positions at all
So thinking the other way around, the number of retail investors opening short positions is definitely greater than the number of investors opening long positions.
The main force will definitely recruit more people to this place
Go up one level at a time, as shown below
Tonight, it may slowly rise to 6.9w or 7w, bursting the short orders below
Then the long orders will be about 70,000, and then it will go sideways on Saturday and weekend.
Few retail investors will buy around 70,000 yuan
It will just keep empty😥

Maybe not many people pay attention to the amplitude.
The market adjustment started in March until now
It's been 7 months
The monthly fluctuation is about 20%.
The lowest amplitude in April was 19%
July amplitude maximum 26%
Currently, the October amplitude has just reached half of 9.86%.
If the amplitude in October can also reach about 20%
Will it go up or down?
If we calculate from the lowest point of this month, around 59,000
If it rises to around 70700, the amplitude can reach 20%.
If we calculate from the current highest point of around 65200
The decline to the lowest point of last month can reach 23% amplitude

$BTC 4h focus on whether 65500 can be broken through