Regarding BILL’s next move, I’ll say something the bears won’t like.


Given the current situation, it wouldn’t be surprising if it doubled again based on the current price.
The main force behind BILL’s short positions mainly comes from hedging—after all, many of those participating in the new project launches are big players.
Unlike other participants, they’re more particular about position management, which means that the vast majority of people are unlikely to be liquidated in the short term.
This is also the main support for BILL trading sideways at higher levels, or even continuing to push higher.
Moreover, although BILL isn’t short on hype, its actual capital participation isn’t high.
Its current contract open interest is only over 70 million USD—compared with other coins that easily reach hundreds of millions or even billions, BILL is still in an early stage.
This indicates that the market hasn’t seen any further influx of large funds for the moment, and the market maker hasn’t truly started to exert full influence.
So, the current price isn’t yet BILL’s limit.
$BILL #Gate广场五月交易分享
BILL17.88%
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SpeculativeAnalyst
· 2h ago
Get in quickly!🚗
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SpeculativeAnalyst
· 2h ago
Just charge forward 👊
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SpeculativeAnalyst
· 2h ago
Get in quickly!🚗
View OriginalReply0
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