Bitcoin short positions are stuck badly. The shorts near 72,600 earlier, with the lowest around 66,000, haven't fully closed out yet. As the rebound came, I added positions, and now the average price is around 72,400, been stuck all the way...



Daily K-line shows 8 consecutive bullish candles with strong upward momentum. It can't hold back 74,000 here. Earlier didn't chase longs above 70,000, and it's even more impossible to chase gains now. Bull rally is still early; pulling up for distribution, could smash anytime. Don't chase rallies—if you miss the long positions, you miss them. For those stuck in short positions, watch out for liquidations. For those without short positions who got stopped out, keep shorting. As it goes higher, there's strong resistance at 78,000 and 80,000. You don't have to short, but there's no need to rush into chasing rallies either. After pulling up so much and liquidating so many shorts, how is the market not going to have a spike to liquidate longs? Even if you want to go long, wait for a spike down first. #Gate广场AI测评官
BTC0,58%
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