2025/7/7 Bitcoin long order reminder

Firstly, the current BTC short data is relatively high, and it is likely to continue to oscillate and induce more shorts. Then, as it approaches around 107000, it will start to rebound. This rebound will need to put pressure on the longs while also giving the shorts some hope. Therefore, a false breakdown around 107000 is needed, making most shorts want to see around 104500. At the same time, while digging the pit, a strong rebound will come.
So we can go long at 107000, defend at 106000, with a target near 110000. Assuming it breaks below 106000, we can continue to place long orders near 105000, defend at 104000, and target 110000. Currently, it is unlikely to drop directly because the short positions at the top are too dense. Even if it does drop, it is more likely to go up first to clear them out. Don’t miss our live broadcast every night at 20:00, where we discuss naked K charts and market analysis.
#MichaelSaylor暗示增持BTC #GT 2025第二季度销毁