The short position totaling 1823 million USDT has been tightly trapped in floating losses. Now, on the $BTW market, the bears are using their own chips to add kindling to the bulls.
This time, the “smart money” short side in the perpetual futures market kicked against a solid wall. Short positions with floating losses of nearly 20 million USD are being held stubbornly in place; not only have they failed to push the price down, they have instead become a squeezable fuel that could be ignited at any moment. If the main force just pushes upward a little, with concentrated stop-losses and liquidations, it will turn into buy pressure that lifts the price.
Don’t blindly guess the top using ordinary resistance levels. When large short-side chips become a passive fuel reserve for getting beaten, an upside breakout often only needs a final step.
#IMF称代币化市场仍小且碎片化 #BTW $BTW
#OGN $OGN
#IMF称代币化市场仍小且碎片化
👇
This time, the “smart money” short side in the perpetual futures market kicked against a solid wall. Short positions with floating losses of nearly 20 million USD are being held stubbornly in place; not only have they failed to push the price down, they have instead become a squeezable fuel that could be ignited at any moment. If the main force just pushes upward a little, with concentrated stop-losses and liquidations, it will turn into buy pressure that lifts the price.
Don’t blindly guess the top using ordinary resistance levels. When large short-side chips become a passive fuel reserve for getting beaten, an upside breakout often only needs a final step.
#IMF称代币化市场仍小且碎片化 #BTW $BTW
#OGN $OGN
#IMF称代币化市场仍小且碎片化
👇