I just glanced at the whale positions of $BTC , and my back feels a bit cold. A lot of people ask me, “Can 78750 still be chased now? Should we keep pushing?” I just took this chart and showed it to them.

Look at how ironic this data is:
👉 The nominal long-short ratio is 386%. This means that for every 1 person taking a short position, there are nearly 4 people taking long positions. The ship has already tilted heavily toward the long side—it's extremely crowded.

👉 The average opening price for longs is 78970. Pay attention: the current price is 78750, which means many of those newly entered whale long positions are already trapped up at the top and are in a state of “being underwater.” This suggests heavy overhead selling pressure; the main players are either trying to get out at breakeven or probing near the edge of stop-loss.

👉 The average opening price for shorts is 76669. The remaining shorts are basically deep-trapped stubborn holders. At this point, going short easily gets squeezed; but chasing longs now is like giving those trapped longs worth $2.4 billion a “rescue party.”

This is a classic case of “stalling at high levels, whales trapped.”

My response strategy (for reference only—safety first):
❌ Never chase blindly upward: If you enter now, your cost is 78750, while the main players’ costs are above your head. You’d be lifting the main players’ sedan to help them get unstuck.

✅ Key levels to watch:
● First support (for adding longs): 77600 - 77800. This is the prior wick low zone. If the price pulls back here and holds, that could be a natural rebound after short-term oversold—then you may consider a small position to bet on a bounce.

● Major resistance (escape point): 79500 - 80000. The round-number level plus the whales’ dense breakeven/unwind zone. If price runs up to here but volume can’t keep up (MACD divergence), then leave—no hesitation.

● Stop-loss rule: If it drops below 77400, it means the trend has completely broken down. The main players are starting large-scale selling—don’t fantasize. Run!

Qi Ge’s heart-to-heart:
In this market, “many people” doesn’t mean “right,” but “many people” definitely means “crowded.” When the whales start taking losses collectively, it’s often a sign that a turning point is coming. Better to miss this tail-end of the fish, than become the last person to place the buy order.

Don’t touch the darkness in crypto. If you want to avoid pitfalls and stay profitable, follow Qi Ge’s pace 👇👇👇.

#伊朗称缴获美国无人潜艇