If I am the main force, I see short-sellers with high leverage accumulating and liquidating between 2400-2410, and long traders with high leverage liquidating between 2325-2350.


I will repeatedly grind around 2330-2380 because now the people chasing the long are feeling uncertain, and those bottom-fishing are also hesitant.
I want to wash out these impatient retail traders first.
Seeing no upward or downward movement, short-term bulls start doubting their strategy, and bears think "This position is stable, I can add more," waiting for the trend to turn downward.
During a period of low liquidity, the bears, crowded together, push the price sharply to 2395 to trigger the first batch of stop-losses,
then push the price further to test 2400 again, before pulling back to around 2385.
Short-term longs see their profits disappear and think it's safer to take profits and exit.
Then, they continue to push up to around 2410, triggering the largest short liquidation.
The price continues to rise, and retail traders chasing the high come in to buy, while I start distributing high-position chips...
Casually leaving (the subsequent scene is a slaughter of the longs...)#比特币站稳8万关口
BTC-2.05%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin