Once again, the market is being pulled at CME closing time, which will soon create a CME gap, and the CME gap must be filled. There’s no need to check TradingView anymore; the CME closes at 5-6 PM Beijing time, so the candles at 4 PM and 6 PM determine where the gap will be. If it doesn't drop to around 116400 before 6 PM, today's rise will create a CME gap. Those going long should be more cautious; there is still a gap at 1130000 below. Since the ETF was approved, currently there are only 2 CME gaps that have not been filled.
Let's take a look at the liquidation chart. Why is no one posting anymore? Now you realize this thing is useless, right? Every time it drops, someone posts the liquidation chart, saying that since it has dropped so much, it needs to kill the shorts. Now that the shorts are all dead, when will it kill the longs? I'm cutting my losses 😂
The shorts have been defeated. After looking around at about five o'clock, there wasn't any favorable news, just a stubborn pull. The key point is that from five to six o'clock is when the CME closes; pulling now will create a huge CME gap. Since the ETF was approved, have we ever seen an hourly CME gap that wasn't filled? (Except for that one at 52500). It's absurd that with such high prices, no one is selling. The shorts are waiting to reduce their positions when the CME gap is retested, pushing the liquidation price to over 200k; either the bull dies, or I do!
Please call Bitcoin 'Must V Coin', it’s either on the way up or on the way down. Believe that every rebound is a V rebound, and it will definitely reach 150,000 to 200,000 US dollars. Go! Wall Street is throwing money around, why aren’t you getting on the bus? The great philanthropist Wall Street capital is pushing prices up every day, giving retail investors opportunities to get rich every day. If you, like me, are short below 100,000, please slap yourself a few times hard and say 'Bear market? You must be kidding!'!
Continue to squeeze shorts, the same routine is always 'big upward candle + sideways consolidation' or 'big upward candle + small upward candles with small steps'. It won't drop unless the bears are completely crushed. However, the rise at the weekend will be reversed when the market opens on Monday. 😂 The weekend's rises are rarely sustainable. Shorting feels like being a dog.
The last chance to escape: 99600-103600cme gap. CME opens at 6 AM on Monday, directly surging 1000 points, and liquidity is also picking up. Those shorting should take a look, it's better to take profits, and filling the 103600 gap is highly likely. If it's fast, it could be filled the same day; if slow, it might take a week.
The crypto world really knows how to put people in their place. James Wynn was flaunting his wealth on X last month, and on the 24th he was wildly shouting about a 'bear hunting operation', saying 'Dogecoin, do you dare to short me?' In less than six days, he was made to comply. 😂 He might have a lot of bullets left, but as a die-hard bear, seeing him lose money makes me happier than making money myself.
Science Popularization Time: Due to insufficient liquidity, a large position does not get liquidated all at once. Every time you see it reduce its position, it actually means it has encountered a liquidation (commonly known as 'partial liquidation', which is already part of the liquidation process). This mechanism is also commonly found in CEXs like BN. So when will James directly get liquidated all at once? You will see it when his position is reduced to a point where it can be liquidated all at once.
Ai姨
May 30
25/ Too thrilling, when James had only $70 left before liquidation, he once again reduced his position by 949.124 BTC and lost $3.225 million 🥲
Currently, the liquidation price has dropped again to $104,770
- Long position: 1687.33151 BTC - Opening price: $107,993.1 - Liquidation price: $104,600 - Current profit and loss: -$5.28 million
The previous bull market was led by institutions, then it fell from 6.9 to 1.5, a drop of 1.5/6.9=0.217391, which is a decrease of 78.3%. Based on this decline, even if this bull market peaks at 150,000, 15*1.5/6.9=3.26087, now, say it again louder that it's impossible?
米乐Arc
May 29
Short sellers fantasize that BTC can drop below $100,000, unaware that in a bull market, those divergence indicators often fail, and the so-called "big crash" is merely a figment of the imagination.
When Bitcoin broke through $20,000, many found it hard to believe that the bull market had arrived after a two-year bear market, even forgetting the strong momentum of Bitcoin's main upward wave.
The last bull market was led by institutions, and this bull market is likewise.
What does renaming EOS A intend to achieve? Pretending to be a new clone, trying to lure in the retail investors? This reminds me of the various sales starting with 'AAA' in WeChat Moments 😂. There is no information about EOS in BN's introduction anymore, acting as an accomplice... Those who don't pay attention have no idea that this is the EOS that claims 'after three waves, it won't rule out going to 1000'! Make sure to keep your eyes open, don't think it's a new coin and rush in blindly!