67,000 and 1,900 broke through together on the same hourly candle—first, the numbers: my short is in profit again.
At 13:00, $BTC was around $67,080, down 2.2% in 24 hours; $ETH was around $1,899, down 1.3% (live prices from CoinGecko, Beijing time). The 12:00 hourly candle closed at $66,691, and ETH closed at $1,882—both key round-number levels were lost in the same hour. The 12:00 four-hour candle also closed below $68,000, adding another confirmation that the 200-week moving average had been breached. The cluster of $112.5 million in long liquidations below $67,500 was swept as the price bottomed at $66,691. Total liquidations across the market reached about $1.26 billion in 24 hours, 86% of them longs (CoinGlass). BTC alone accounted for about $640 million, 90% of which were longs. In just the past hour, $237 million was liquidated, almost all of it longs. Money is still flowing out: U.S. spot BTC ETFs have seen cumulative net outflows of over $2.5 billion since October 30 (BigGo compilation); BTC is already down about 9% this week and is on track for a sixth consecutive weekly close lower.
Short trade update #3: I opened a short today at 07:04 in the $68,000–$69,000 range, with a midpoint entry of $68,500. At the current price of $67,080, the price is down 2.07%, giving an unrealized gain of about +207% on 100x margin. At 11:00 it was still at +140%. Honestly, this trade is making more now, but it doesn’t count until the target is reached. The $70,500 stop-loss and the invalidation level—a four-hour close above $70,214—have both stayed untouched, so I’m holding. Target one remains $65,000 (take half off when it hits); target two remains $62,300–$62,800.
One reminder: don’t chase shorts at this level. There’s a short-liquidation cluster worth about $52.8 million above, at $68,082 (alphafinance). A bounce back toward $68,000–$68,100 could trigger it and cause a brief squeeze, but that’s still a place to add to shorts, not a level that invalidates the trade. Only follow with a small short position if the price is rejected and fails to close above that level on the four-hour chart; the stop-loss remains above $70,500. There’s also a long-liquidation cluster worth about $28.2 million below, at $65,413; a break below $65,000 would accelerate the move. The plan hasn’t changed: keep holding short position #2; exit if there’s a four-hour close above $70,214; only consider flipping long if the daily candle closes back above the 200-day moving average at $73,125. With 100x leverage, use only a very small portion of your total capital as margin. Monday’s 08:00 weekly close will be the final verdict—if it can’t reclaim $68,000, this is a genuine breakdown. What do you think will happen over the next two days of the weekend: will the price consolidate below $67,000, or can it squeeze back above $68,000? Let’s discuss in the comments. (Prices: live CoinGecko data at 13:00 Beijing time on November 14; chart shows the past 24 hours.)
At 13:00, $BTC was around $67,080, down 2.2% in 24 hours; $ETH was around $1,899, down 1.3% (live prices from CoinGecko, Beijing time). The 12:00 hourly candle closed at $66,691, and ETH closed at $1,882—both key round-number levels were lost in the same hour. The 12:00 four-hour candle also closed below $68,000, adding another confirmation that the 200-week moving average had been breached. The cluster of $112.5 million in long liquidations below $67,500 was swept as the price bottomed at $66,691. Total liquidations across the market reached about $1.26 billion in 24 hours, 86% of them longs (CoinGlass). BTC alone accounted for about $640 million, 90% of which were longs. In just the past hour, $237 million was liquidated, almost all of it longs. Money is still flowing out: U.S. spot BTC ETFs have seen cumulative net outflows of over $2.5 billion since October 30 (BigGo compilation); BTC is already down about 9% this week and is on track for a sixth consecutive weekly close lower.
Short trade update #3: I opened a short today at 07:04 in the $68,000–$69,000 range, with a midpoint entry of $68,500. At the current price of $67,080, the price is down 2.07%, giving an unrealized gain of about +207% on 100x margin. At 11:00 it was still at +140%. Honestly, this trade is making more now, but it doesn’t count until the target is reached. The $70,500 stop-loss and the invalidation level—a four-hour close above $70,214—have both stayed untouched, so I’m holding. Target one remains $65,000 (take half off when it hits); target two remains $62,300–$62,800.
One reminder: don’t chase shorts at this level. There’s a short-liquidation cluster worth about $52.8 million above, at $68,082 (alphafinance). A bounce back toward $68,000–$68,100 could trigger it and cause a brief squeeze, but that’s still a place to add to shorts, not a level that invalidates the trade. Only follow with a small short position if the price is rejected and fails to close above that level on the four-hour chart; the stop-loss remains above $70,500. There’s also a long-liquidation cluster worth about $28.2 million below, at $65,413; a break below $65,000 would accelerate the move. The plan hasn’t changed: keep holding short position #2; exit if there’s a four-hour close above $70,214; only consider flipping long if the daily candle closes back above the 200-day moving average at $73,125. With 100x leverage, use only a very small portion of your total capital as margin. Monday’s 08:00 weekly close will be the final verdict—if it can’t reclaim $68,000, this is a genuine breakdown. What do you think will happen over the next two days of the weekend: will the price consolidate below $67,000, or can it squeeze back above $68,000? Let’s discuss in the comments. (Prices: live CoinGecko data at 13:00 Beijing time on November 14; chart shows the past 24 hours.)
