Today, Binance Square published an article about BTC's upward movement at 11. I would like to share my analysis. The fact that Binance Square released this article indicates that Binance is bullish on BTC, and currently, many people are bearish. If anyone is considering shorting, please be cautious of the risks.

Yesterday, I saw an on-chain article analyzing data, which showed that at the 88,000 BTC level, there is a liquidation of over $2 billion in long positions. If these long positions do not exit, there could be a spike at the 88,000 BTC level, followed by a rapid rebound that continues to crush the bears.

Regardless of how the market moves, I personally do not wish for anyone to trade contracts. A few years ago, I also thought that trading contracts could make me rich, believing I was a genius at it. After being forcefully liquidated dozens of times, I finally understood my position.

I want to emphasize again: do not trade contracts.