After $2.4 billion in liquidations, BTC is still holding above $80,000! I’m actually starting to watch out for another kind of risk…
Watching the market over the past few days, I’ve noticed something pretty interesting.
BTC fell from above $85,000, at one point dipping to around $80,400.
A large number of leveraged positions in the market were liquidated.
But what happened after the drop?
BTC didn’t keep crashing. Instead, it climbed back above $82,000.
Right now, I’m watching out not only for another leg down, but also for a sudden, rapid rebound when short positions become too crowded.
That’s why I’m not planning to blindly chase shorts around $82,000 today.
My short-term outlook is starting to lean toward looking for opportunities to go long on a rebound—but not jumping straight in to buy the dip.
Next, I’ll be watching closely to see whether buyers step in around $82,000.
If the price retests that level and holds, then goes on to stay above $83,000, I’ll consider cautiously trying a small long position, with the $84,000–$84,400 resistance zone as my first area to watch.
If it breaks below $81,000 again and the rebound fails to reclaim that level, I’ll cancel this long plan and reassess support at $80,000.
I’ll use no more than a third of my planned position size to start, with the actual stop-loss below the confirmed pullback low.
What interests me most is this: after this round of large-scale liquidations, how much of the market’s leverage has actually been flushed out?
Sometimes the most dangerous trade isn’t going long before a crash—it’s assuming the market can only keep falling after one.
I’ll record my view for now.
I’ll come back in a few days to see how it plays out: will BTC test $84,400 first, or fall toward $80,000 again?
$BTC
#bitcoin #BTC走势分析
Watching the market over the past few days, I’ve noticed something pretty interesting.
BTC fell from above $85,000, at one point dipping to around $80,400.
A large number of leveraged positions in the market were liquidated.
But what happened after the drop?
BTC didn’t keep crashing. Instead, it climbed back above $82,000.
Right now, I’m watching out not only for another leg down, but also for a sudden, rapid rebound when short positions become too crowded.
That’s why I’m not planning to blindly chase shorts around $82,000 today.
My short-term outlook is starting to lean toward looking for opportunities to go long on a rebound—but not jumping straight in to buy the dip.
Next, I’ll be watching closely to see whether buyers step in around $82,000.
If the price retests that level and holds, then goes on to stay above $83,000, I’ll consider cautiously trying a small long position, with the $84,000–$84,400 resistance zone as my first area to watch.
If it breaks below $81,000 again and the rebound fails to reclaim that level, I’ll cancel this long plan and reassess support at $80,000.
I’ll use no more than a third of my planned position size to start, with the actual stop-loss below the confirmed pullback low.
What interests me most is this: after this round of large-scale liquidations, how much of the market’s leverage has actually been flushed out?
Sometimes the most dangerous trade isn’t going long before a crash—it’s assuming the market can only keep falling after one.
I’ll record my view for now.
I’ll come back in a few days to see how it plays out: will BTC test $84,400 first, or fall toward $80,000 again?
$BTC
#bitcoin #BTC走势分析