#BTC走势分析
Today I took a look at the exchange’s long/short ratio. Even without on-chain data, this is absolutely outrageous: 2.4 billion versus 172 million. The short-sellers’ liquidation intensity is roughly 14 times that of the long side. This may be the most fundamental reason why Bitcoin has stayed range-bound without falling for so long. In the short term, 83,000 is definitely going to be reached—there’s simply too much “fat.” It could trigger a wave of what will be the most spectacular short-sellers’ cascading liquidation in the past two years, pushing the price up into the 85,000–88,000 range. After that, it should turn around and favor the long side—so be prepared and take precautions.
Today I took a look at the exchange’s long/short ratio. Even without on-chain data, this is absolutely outrageous: 2.4 billion versus 172 million. The short-sellers’ liquidation intensity is roughly 14 times that of the long side. This may be the most fundamental reason why Bitcoin has stayed range-bound without falling for so long. In the short term, 83,000 is definitely going to be reached—there’s simply too much “fat.” It could trigger a wave of what will be the most spectacular short-sellers’ cascading liquidation in the past two years, pushing the price up into the 85,000–88,000 range. After that, it should turn around and favor the long side—so be prepared and take precautions.
