Damn, $BTC went from 64,000 to 72,000 in a straight line—short sellers really got knocked out
#FOMC会议纪要
The harshest part of this move isn’t how much it rose, but that it never gave short sellers a chance to breathe
After breaking through 66,000, one batch of stop-losses for shorts kept coming in. Short covering directly turned into fuel for the rally. On top of that, market sentiment warmed up, and BTC accelerated all the way to 70,000
Yesterday it was fueled by news; today it’s being driven by sentiment and squeezing shorts to keep pushing
But around 72,000 there’s also pressure. After consecutive surges, it’s completely normal to consolidate and digest via volatility
When it’s falling, nobody dares to buy. When it’s rising, people are afraid of missing out—this is the most real side of the market
$ETH $SOL #美政府商讨扩大比特币持仓 #BTC突破7万大关
#FOMC会议纪要
The harshest part of this move isn’t how much it rose, but that it never gave short sellers a chance to breathe
After breaking through 66,000, one batch of stop-losses for shorts kept coming in. Short covering directly turned into fuel for the rally. On top of that, market sentiment warmed up, and BTC accelerated all the way to 70,000
Yesterday it was fueled by news; today it’s being driven by sentiment and squeezing shorts to keep pushing
But around 72,000 there’s also pressure. After consecutive surges, it’s completely normal to consolidate and digest via volatility
When it’s falling, nobody dares to buy. When it’s rising, people are afraid of missing out—this is the most real side of the market
$ETH $SOL #美政府商讨扩大比特币持仓 #BTC突破7万大关