The shorts are in trouble! $SPCX The long and short life-and-death game: 96% of longs are counting money, only 1% of shorts are laughing.

Don’t go against the market trend; 96.18% of longs are making money. This isn’t a game, it’s a slaughter countdown.

SPCX, as SpaceX stock token, is currently around 170.

Smart money data: 288 longs, 96% are profitable; 215 shorts, less than 2% are making money, the rest are all losing, totaling a loss of 5.7 million USD. How can this fight still be fought?

Look at that “Liquidation Map” — the closer the price gets to 180, the larger the amount of shorts being liquidated. Around 180, about 680k USD worth of short positions could be wiped out. Shorts are now holding on stubbornly, but they’ll be blown out sooner or later.

On the news front, BN just launched SPCX today, with whales already doubling their long positions. SpaceX still holds 18k Bitcoins on its balance sheet — all faith.

Old Zhang’s trading advice:
Long: Enter around the current price of 170, target first at 180.
Short: Don’t rush to short. If it can’t go above 185, consider a small short.

Retail traders should “patiently wait for opportunities, act decisively and accurately.” Follow Old Zhang for daily new insights.
#我的Gate交易时刻 #美PPI创两年半新高 #Gate上线港股交易
$BTC $HYPE