$BTC This spike pin just wiped out over 270 million longs—over 270 million positions vanished into thin air. The shorts are actively blood-cleaning the market!
That morning candlestick line made my spine go cold.
A bearish real body with upper and lower wicks—both the high and the low shifted down at the same time. The shorts completely and utterly control the situation!
After precisely triggering long liquidations, it rebounded rapidly—that is a blatant long-squeeze operation!
Across the entire network in 24 hours, total liquidations hit 336 million USD, with longs alone accounting for 270 million. 86476 people are left with nothing—how can you still dare to blindly bottom-fish?
On the technical side, the small M top formed at 79200 is now ripening. Following the 1:1 equal-distance measurement.
The pullback target lands right around 76500, which also happens to be the effective support zone below.
The intraday strategy is clear: around 76500–75500, place a light long position to bet on a rebound.
But remember—the downward trendline pressure is clear, and the highs keep getting lower. This move is just a rebound, not a reversal.
$ETH
$SOL
That morning candlestick line made my spine go cold.
A bearish real body with upper and lower wicks—both the high and the low shifted down at the same time. The shorts completely and utterly control the situation!
After precisely triggering long liquidations, it rebounded rapidly—that is a blatant long-squeeze operation!
Across the entire network in 24 hours, total liquidations hit 336 million USD, with longs alone accounting for 270 million. 86476 people are left with nothing—how can you still dare to blindly bottom-fish?
On the technical side, the small M top formed at 79200 is now ripening. Following the 1:1 equal-distance measurement.
The pullback target lands right around 76500, which also happens to be the effective support zone below.
The intraday strategy is clear: around 76500–75500, place a light long position to bet on a rebound.
But remember—the downward trendline pressure is clear, and the highs keep getting lower. This move is just a rebound, not a reversal.
$ETH
$SOL
