The dog farm has started to brush hands again!
1. According to coinglass data, when BTC rose to 93,000, the amount of short liquidations was nearly 1.6 billion, and when it fell below 90,000, the amount of long liquidations was about 500 million.
2. The current price is fluctuating slightly within the relevant range, and a small rise or fall could trigger a large number of orders, creating a "long and short eat both" situation, making it difficult to distinguish ultra-short-term trends.
3. Many big players have withdrawn BTC from exchanges, seemingly optimistic about the future market, while 200 BTC were lost in Mentougou, as if testing the market's reaction.
4. Intuitively, I believe BTC will rise first, and then fall back down.