BTC Evening Tracking:
Today, Bitcoin surged after the morning post, climbing steadily.
Recently, the recommendation to buy on dips has always been correct. The most emphasized point over the past two days is that every pullback is the last chance for bears to escape.
Yesterday, we mentioned the liquidation intensity at three levels:
92929 - 168 million USD liquidation intensity - liquidated last night
93373 - 149 million USD liquidation intensity - liquidated last night
94259 - 94.259 million USD liquidation intensity - liquidated at 21:32 while editing this post.
In the past few days, there has been an increase of 1 billion USD in USDT daily, indicating that there are movements in the market. Wall Street financial capital, led by BlackRock, is pouring into the market, primarily purchasing Bitcoin, and the ETF data for Bitcoin has also seen net inflows in the last three days. It seems that the recent issuance of USDT is prepared for these large institutions.
In the morning market analysis, it was mentioned that from a temporal and spatial perspective, Bitcoin is allowed to reach new highs before November 25, with a low point of 49000 indicating a potential high of 98000.
However, due to emotional and liquidity factors, it is possible that it could spike to 100500-101300.
Tonight's goal remains to buy on dips, and shorting is not recommended.