Crude oil’s dramatic comeback! Funds are pouring in like crazy—is a brutal wipeout coming for the shorts?
The trend is your friend, capital gives you confidence, and the liquidation map is the big players’ trump card!
Technically, CL on the 1-hour chart made a beautiful V-shaped reversal after bottoming at 83.48. The MACD formed a golden cross below the zero line, with the green bars widening, as short-term bulls regained the initiative. On the news front, both Brent and WTI were up more than 1% intraday, with WTI briefly surging to 87.35 on strong upward momentum.
Net inflows on the 1-hour timeframe totaled 5.31 million, with the signal showing “strong inflow.” Now look at the liquidation map: above the current price of 86.2, a huge amount of short liquidation liquidity is clustered in the 87–87.8 range.
Trading strategy
Longs: If support holds at 86–85.8, enter in stages. First target: 87; if momentum is strong and price breaks through, look to 90.
Is this a bull trap or a trend reversal? Stick around and share your view: @Crypto白玥
#CPI高于预期，美股与BTC再度承压 #FSB敦促土耳其建立稳定币框架
The trend is your friend, capital gives you confidence, and the liquidation map is the big players’ trump card!
Technically, CL on the 1-hour chart made a beautiful V-shaped reversal after bottoming at 83.48. The MACD formed a golden cross below the zero line, with the green bars widening, as short-term bulls regained the initiative. On the news front, both Brent and WTI were up more than 1% intraday, with WTI briefly surging to 87.35 on strong upward momentum.
Net inflows on the 1-hour timeframe totaled 5.31 million, with the signal showing “strong inflow.” Now look at the liquidation map: above the current price of 86.2, a huge amount of short liquidation liquidity is clustered in the 87–87.8 range.
Trading strategy
Longs: If support holds at 86–85.8, enter in stages. First target: 87; if momentum is strong and price breaks through, look to 90.
Is this a bull trap or a trend reversal? Stick around and share your view: @Crypto白玥
#CPI高于预期，美股与BTC再度承压 #FSB敦促土耳其建立稳定币框架
