$BTC
Reminder to everyone: keep an eye on the breakout at 78k. Once it breaks out, don’t go short anymore. They will liquidate short positions aggressively. The situation is exactly as I expected—just didn’t think they would liquidate this hard. They directly liquidated all the stubborn short orders from 82k to 84k.
I shorted yesterday; I was still in profit. But this afternoon, it hit my stop-loss immediately.
$BTC : it went from 82k to 84k in a split second. If you didn’t set a stop-loss, you’d be taking a big loss.>>>
In a 4-hour liquidation, 403 million in short positions were liquidated. The main explosion was in BTC shorts. It broke through the resistance line that has been in place since the selloff on Jan 30. As long as it can hold above 85k, the next targets are 85k–94k. You could say the market has entered a new stage right now.
No need to overthink it—the bull may really be here. The only thing to pay attention to is 85k
Reminder to everyone: keep an eye on the breakout at 78k. Once it breaks out, don’t go short anymore. They will liquidate short positions aggressively. The situation is exactly as I expected—just didn’t think they would liquidate this hard. They directly liquidated all the stubborn short orders from 82k to 84k.
I shorted yesterday; I was still in profit. But this afternoon, it hit my stop-loss immediately.
$BTC : it went from 82k to 84k in a split second. If you didn’t set a stop-loss, you’d be taking a big loss.>>>
In a 4-hour liquidation, 403 million in short positions were liquidated. The main explosion was in BTC shorts. It broke through the resistance line that has been in place since the selloff on Jan 30. As long as it can hold above 85k, the next targets are 85k–94k. You could say the market has entered a new stage right now.
No need to overthink it—the bull may really be here. The only thing to pay attention to is 85k
