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$BTC long positions liquidation expectations were not met, which is causing anger!
There were many opportunities to close long positions in a downward direction, but the spot supply does not align, and not only has the supply decreased, but the demand has also increased, leading to a gradual rise in the spot premium...
Due to the repeated occurrence of the "must be liquidated" situation, I will not be stubborn in believing that the price will definitely drop for liquidation in the short term.
There are many opportunities to close long positions to accommodate the downturn, but the Spot supply does not match, not only has the supply decreased, but the demand has also increased, leading to the Spot premium starting to gradually rise...
In light of the repeated occurrences of the "must be liquidated" situation, I will not stubbornly believe that the price will definitely fall for liquidation in the short term.