This position should be noted⚠️❗️❗️

Don't rush to short when you see Bitcoin breaking the 60,000 mark. Dealers may make a fake move again. In just a few days, BTC has fallen by over 10,000 points, and Ethereum has also fallen by over 600 points. Is it time to catch the bottom? Not yet, let's go for a Rebound. This position is good.
From the trend, we can see that BTC fell to around 60502 yesterday, then rebounded to 62000, and then continued to fall tonight, directly breaking through the 60,000 mark little by little. In fact, the price of BTC did not fall much.
But interestingly, in just a few hours, bearish traders added more than 400 million funds at 61300, and shorts around 62900 reached as high as 928 million. Long positions at 60,000 have basically been cleared out. Even if it falls to 57,000, the liquidated long positions will only be a little over 800 million.
The overall trend is bearish, but you should short at high levels. If you shorted at 60,000, you may not be trapped for long, but when it really reaches a high level, you may hesitate to short because you are unsure if the trend has reversed.
But this wave is obviously a bit unusual. The dealer here may kill a wave of bearish traders in the fall. It has been empty all the way down without any decent rebound. If you don't know, you would think that bullish traders have already surrendered. At the key level of 60,000, I am optimistic about the price rebound, but the dealer should still make a long wick candle and then rebound to 60,000 sideways, and then start the market on Monday.
Looking at the 30-minute indicators, short orders have dropped below 60,000 with reduced volume. If it were a big drop, it should have been a big bearish candle that broke through directly. Let's take a look at the one-hour trend chart of BTC. OBV has already crossed the purple line, KDJ is also preparing to form a low-level golden cross, and MACD is about to form a bottom divergence pattern. Observe the changes in MACD in the next one or two hours. If the yellow line crosses above the purple line, then the bottom divergence will form, and the price of BTC will form a rebound. The strength of the rebound may not be small. Similarly, ETH may have a more violent rebound. After all, it has been suppressed for so many days. #ETH #比特币 #PEPE