85000 near the life-or-death line: is this move by the main force meant to “slaughter pigs” or to “force a short squeeze”?
The trend is made, not guessed. The crucial levels tell the truth!
Personal viewpoint and cases: Based on the 1-hour chart, BTC stopped falling at 83400 and showed a bullish divergence. After yesterday’s high-volume selloff, the current price is consolidating around 84194. Check the liquidation map: there’s a large concentration of short positions piled up near 87135, whose liquidation strength is significant. Meanwhile, the long positions around 83400 have basically been swept clean. Coupled with the news that JPMorgan called it “stabilizing above 85,000 to ease miners’ selling pressure,” the main force’s intent is very clear: first, use the headline-driven bounce to fill the gap at 85000, then go to blow up the shorts above! Similar to the spike on September 22, the main force likes to harvest the other side when liquidity is drying up—moving against it.
Trading suggestion:
Go short! Lightly short around 85000–85500, targeting 84000–82500.
85000 is today’s dividing line. If it can’t hold, it’s a fake rebound! Want to know exactly when the main force will dump? Tap follow, and Bai Ze will help you uncover the main force’s bottom card!
#CFTC更新受监管机构代币化资产指引 $BTC
The trend is made, not guessed. The crucial levels tell the truth!
Personal viewpoint and cases: Based on the 1-hour chart, BTC stopped falling at 83400 and showed a bullish divergence. After yesterday’s high-volume selloff, the current price is consolidating around 84194. Check the liquidation map: there’s a large concentration of short positions piled up near 87135, whose liquidation strength is significant. Meanwhile, the long positions around 83400 have basically been swept clean. Coupled with the news that JPMorgan called it “stabilizing above 85,000 to ease miners’ selling pressure,” the main force’s intent is very clear: first, use the headline-driven bounce to fill the gap at 85000, then go to blow up the shorts above! Similar to the spike on September 22, the main force likes to harvest the other side when liquidity is drying up—moving against it.
Trading suggestion:
Go short! Lightly short around 85000–85500, targeting 84000–82500.
85000 is today’s dividing line. If it can’t hold, it’s a fake rebound! Want to know exactly when the main force will dump? Tap follow, and Bai Ze will help you uncover the main force’s bottom card!
#CFTC更新受监管机构代币化资产指引 $BTC
