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Enter Gate Square daily and click any trading pair or trading card within the content to complete a transaction. The top 10 users by trading volume will win GT, Gate merchandise boxes, position experience vouchers, and more.
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#当前行情抄底还是观望? #BTC
Trading Evaluation and Strategy
Over the past week, a dominant "bearish" trend has taken full control of the market. A significant portion of investors has shifted from a "HODL" strategy to a capital preservation mode.
Leverage Flush: In just the last 24 hours, $2.8 billion worth of long positions were liquidated. This indicates that the market is being purged of excessive leverage, though the process has been undeniably "bloody."
Short Position Strategy: Many professional traders are maintaining their short positions, confirming Bitcoin’s sustained stay below the $73,000 mark. However, every dip below $60,000 carries the risk of a "short squeeze," making this an extremely volatile and dangerous zone for those betting on further declines.
Current Standing: For "Builders" or long-term investors, the "long-term conviction" emphasized by figures like Michael Saylor remains paramount. Conversely, for those seeking short-term cash flow, the market is currently in an "observation and liquidity accumulation" phase.