At present, the range of 63000 to 61500 is a relatively large chip concentration area for Bitcoin. Basically, many floor short orders are trapped in this range. 兄弟最后3天投票

Take a middle value of about 62000. Even if there is no dog dealer to buy the bottom, those retail investors and big investors who are trapped are eager to buy and close their shorts as soon as possible. At least they can get rid of their shorts at 62000 or lose less money.

When a large number of shorts buy and close their shorts, even if no one is long, the price will rise in the short term. This is the basic logic of the contract. When the shorts surrender, they become the biggest longs. #BTC