CryptoQuant_Analyst_擁有十年盤型經驗授課分析師(@CryptoQuant_Analyst)'s insights

BTC ETH Link is still in an unlimited short squeeze, which

CryptoQuant_Analyst_擁有十年盤型經驗授課分析師 · 2023-11-09T14:15:27.000Z

BTC ETH Link is still in an unlimited short squeeze, which is characterized by unlimited rise. When will it end? It's very simple. High volume is to prepare to kill more, because we are waiting for the retail investors who are chasing the high to finally give up the FOMO and short sellers to buy back to replenish fuel. Short sellers surrender + retail investors can't help but FOMO to enter the market, which will cause high volume. , this is the real opportunity to short ~ Short squeeze is not affected by the divergence between volume and price. The divergence between volume and price will be corrected, but when the volume is released, the accumulated divergence value will plummet~ At present, as long as the volume is not exceeded, it can rise slowly and infinitely, and it can go anywhere until the volume is exceeded! Tips: Continue to pay attention to whether there is a large amount of trading volume in the current rising process. If not, it will continue to rise after the shock, until a certain key price is exceeded, and a large trading volume is released at a high level (retail investors who can't help it will end up chasing after the high price with FOMO). + short traders' capitulation and volume replenishing fuel), the short squeeze will end. At that time, the volume and price deviation accumulated during this period will plummet and come back for correction. It's not that there will be no correction, but the time has not yet arrived. arrive. Continue to pay attention to whether there is explosive trading volume when rising from highs! So, can ETH rise to 1900? 2000? 2100? 2200? 2400? Let me tell you, it’s all possible, the condition is: as long as the trading volume continues to rise immeasurably, and if the volume does not increase, the short squeeze will continue! To sell out is to end the short squeeze and prepare for a downward correction. It's that simple. Follow me to help you understand more trading patterns and analysis. #BTC #etf #BinanceBlockchainWeek