$BTC Precise bottoming! The bears waiting to be liquidated above 63,000, are you in or out?


BTC sharply rebounded 300 points after touching a low of 62,568, currently precisely holding above the BOLL lower band at 62,929 in sideways trading!
Clearance map shows: The 63,000-65,000 range is stacked with short positions, starting from 63,000, with bears waiting to be liquidated all the way above 65,000! As long as the bulls make a slight push, these shorts are just rocket fuel!
Main players are accumulating, don’t be fooled by ETF outflows!
Continuous outflows by institutions like BlackRock are indeed bearish, but this precisely indicates retail investors are panicking and cutting losses, while smart money is quietly accumulating!
Technically, MACD bearish momentum is strong but prices haven't made new lows—bottom divergence is forming!
Spot ETF outflows are already priced in as bearish, and short covering could trigger an explosion at any moment!
Trading strategies:
Aggressive: go long near the current price of 63,000 directly
Conservative: wait for a pullback to around 62,500-62,600 before entering long
BOLL lower band support + RSI extreme oversold + short liquidation stacking above 63,000—triple resonance! #美伊谈判第一轮结束
BTC-3.66%
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