$BTC Go Long
【Bitcoin Long/Short Positions Fall Again: 50,000 BTC Longs Liquidated】
Analyst Joao Wedson noted that Bitcoin’s long/short positions have declined again, with approximately 50,000 BTC worth of long positions already closed. However, the OI long/short ratio remains positive at 1.32, suggesting that long positions are still dominant across multiple exchanges.
As macro headwinds gradually get absorbed, market expectations for the next policy path are stabilizing. BTC, as one of the core assets in the crypto market, has room for valuation recovery opening up. The medium- to short-term bullish bias remains unchanged.
This news provides stage-wise positive support for BTC. A rebound in risk appetite drives capital back into crypto assets. ETH, the second-largest crypto asset by market cap, directly benefits from the sentiment recovery.
Entry: 76370-77292
Take profit: 77000
Stop loss: 75082
KDJ has already formed a golden cross at a low level. The J value has turned upward from the oversold zone, and short-term rebound momentum is building. The Bollinger Bands have also started to tighten; after the squeeze, direction selection comes next. Combined with the prior support levels, the probability of an upside breakout is higher.
If you wait for a lower entry, you will most likely not get it—and you’ll end up missing this rebound. The current price 77042 is not far from the entry zone, so scale in in batches. Don’t go all-in at once—keep some “ammo” ready to handle potential spikes.
My setup is defined as a “rebound long,” not a “trend long.” So take profit decisively: exit at 77000. Don’t hold it and turn it into a long-term trade—that would be awkward. Eat the middle of the rebound; the beginning and end can be left to others. Safety first.
I set the stop loss fairly wide—not because I’m not afraid of losing, but because the 76831 to 75082 range is normal price fluctuation. If it’s too tight, you’ll get washed out. But once it breaks below 75082, it won’t be normal fluctuation anymore—it would be a trend reversal, and you must exit decisively.
🔴 Click here to place an order 👉👉👉 $BTC
【Bitcoin Long/Short Positions Fall Again: 50,000 BTC Longs Liquidated】
Analyst Joao Wedson noted that Bitcoin’s long/short positions have declined again, with approximately 50,000 BTC worth of long positions already closed. However, the OI long/short ratio remains positive at 1.32, suggesting that long positions are still dominant across multiple exchanges.
As macro headwinds gradually get absorbed, market expectations for the next policy path are stabilizing. BTC, as one of the core assets in the crypto market, has room for valuation recovery opening up. The medium- to short-term bullish bias remains unchanged.
This news provides stage-wise positive support for BTC. A rebound in risk appetite drives capital back into crypto assets. ETH, the second-largest crypto asset by market cap, directly benefits from the sentiment recovery.
Entry: 76370-77292
Take profit: 77000
Stop loss: 75082
KDJ has already formed a golden cross at a low level. The J value has turned upward from the oversold zone, and short-term rebound momentum is building. The Bollinger Bands have also started to tighten; after the squeeze, direction selection comes next. Combined with the prior support levels, the probability of an upside breakout is higher.
If you wait for a lower entry, you will most likely not get it—and you’ll end up missing this rebound. The current price 77042 is not far from the entry zone, so scale in in batches. Don’t go all-in at once—keep some “ammo” ready to handle potential spikes.
My setup is defined as a “rebound long,” not a “trend long.” So take profit decisively: exit at 77000. Don’t hold it and turn it into a long-term trade—that would be awkward. Eat the middle of the rebound; the beginning and end can be left to others. Safety first.
I set the stop loss fairly wide—not because I’m not afraid of losing, but because the 76831 to 75082 range is normal price fluctuation. If it’s too tight, you’ll get washed out. But once it breaks below 75082, it won’t be normal fluctuation anymore—it would be a trend reversal, and you must exit decisively.
🔴 Click here to place an order 👉👉👉 $BTC