BTC Hits 65,000, Smart Money Opens a $54.5 Million Short Position, Buys $11.82 Million – The Difference Between Bullish and Bearish Trends Reaches Its Peak



BTC has returned above 65,000, but large funds are showing a clear split in their stance.

On one side, highly liquid smart money opened a short position worth $54.5 million in BTC with 12x leverage; on the other, within 45 minutes, four smart money addresses collectively switched to long positions, buying a total of $11.82 million in shares.

The area around 65,000 has become the most fiercely contested battleground between bulls and bears.

For traders, the next two days are more suitable for waiting for the market to give direction than blindly chasing a rally.

If BTC can break through and hold above 65,000–65,600 with significant volume, and continues to push beyond the prior high levels, it is advised to follow the trend, keeping an eye on the resistance level at 67,000.

If it repeatedly fails to break 65,600, or falls back below 64,500, watch for the possibility of a short-term drop into the support zone of 63,500–64,000.

The biggest advantage right now isn’t predicting price movement, but respecting the market.

Smart investors have started to diverge, showing that consensus on the trend has not yet been reached.

Managing your position size and waiting for confirmation of a breakout before making a decision is often more important than betting on the direction of price movement ahead of time.

----------

Follow me for more real-time crypto market analysis and insights, and subscribe to Membership for only 1 GT to support me. Thank you, great investors!

$BTC

$AKE
$BANK
BTC-0.31%
AKE298.26%
BANK31.13%
View Original
post-image
post-image
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
  • Pinned