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Bitcoin has once again started to decline early in the morning 📉📉 with over 10 billion long positions waiting to be liquidated below. The precise massacre targeting the bulls has just begun 🩸🩸 520,000 people have been liquidated.
Analysts from major banks are constantly shouting for 200,000, and positive news keeps coming out, which in itself is an extremely dangerous market signal ⚠️.
Once the support at 94,500--92,800 is broken, we can expect to see Bitcoin around 86,000 📉.
I believe everyone understands the principle behind the sharp declines in bull markets; this is a planned massacre targeting conservative bulls. The FOMO-type bulls have basically been wiped out in the previous two sharp declines, and the only ones left who haven't been washed out are the conservative bulls.
These are the bulls who buy in large amounts during every rise, and they haven't been liquidated yet. This wave of correction from 104,000 down to 90,000 and then quickly rising to 101,800 is itself a signal to cultivate a bullish mindset. Slow declines and quick rebounds, zigzagging down, with rapid and strong rebounds, but the bottom keeps trying to catch the bottom, which is a typical signal of decline.
The short position at 103,200 dropped to 90,000 overnight, and then a short position at 101,420 was publicly issued again. On Sunday, the highest spike was 101,475, hitting the peak of the two bull market crashes accurately without any deviation, with an unrealized profit of 120,000 US dollars, continuing to hold and waiting for market decisions 🙏🙏.
$BTC
$ETH
Analysts from major banks are constantly shouting for 200,000, and positive news keeps coming out, which in itself is an extremely dangerous market signal ⚠️.
Once the support at 94,500--92,800 is broken, we can expect to see Bitcoin around 86,000 📉.
I believe everyone understands the principle behind the sharp declines in bull markets; this is a planned massacre targeting conservative bulls. The FOMO-type bulls have basically been wiped out in the previous two sharp declines, and the only ones left who haven't been washed out are the conservative bulls.
These are the bulls who buy in large amounts during every rise, and they haven't been liquidated yet. This wave of correction from 104,000 down to 90,000 and then quickly rising to 101,800 is itself a signal to cultivate a bullish mindset. Slow declines and quick rebounds, zigzagging down, with rapid and strong rebounds, but the bottom keeps trying to catch the bottom, which is a typical signal of decline.
The short position at 103,200 dropped to 90,000 overnight, and then a short position at 101,420 was publicly issued again. On Sunday, the highest spike was 101,475, hitting the peak of the two bull market crashes accurately without any deviation, with an unrealized profit of 120,000 US dollars, continuing to hold and waiting for market decisions 🙏🙏.
$BTC
$ETH
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