In the last couple of days, BTC has been oscillating above 100,000. To be honest, whenever there is such a period, it must mean that the big players are making moves and planning. At this time, trading requires extra caution.

The big players need to celebrate the holidays, pay their employees, give benefits to shareholders, and prepare funds for the upcoming year. Therefore, sharp spikes and drops will be relatively large and quite extreme.

From the current long and short liquidation perspective, around 10,504, there are about 713 million longs that need to be cleared. Meanwhile, at 103,024, there are 343 million shorts that need to be cleared.

BTC has accumulated 2 billion contracts with leverage that can be liquidated within a range of 50,000 points up and down.

From the current two-day pattern, there is a volume increase during the decline and a volume decrease during the rise, indicating a potential for a fake-out. Moreover, there is a violent downward spike approximately every 8-10 days. Those who are going long recently should be quite careful. Set stop-losses.

Currently, although in a bullish pattern, the support trend line is at 98,376. If a hunt is to be conducted, the big players will definitely spike down to around 96,000.

There hasn't been a pullback trend; generally, there is a quick drop followed by a violent rebound.

The resistance above is around 105,000. For shorts above, there are indeed significantly fewer compared to longs.

Because at this position, all the damned shorts have been wiped out. Continuing to clear shorts upwards is not very cost-effective.

What you see lately is mostly violent downward moves rather than a gradual rise.

Recently, just recently, I personally suggest that everyone focus on shorting around 103,000, with a stop-loss set at 105,000. Perhaps this position will yield better returns than going long. What do you think? $BTC #BTC重回关键位置后走势 #比特币战略储备