The past is eerily similar! The big exchange internal war has reignited, is the 72000 level a safe haven or a crematorium? 🚀📉


Old crypto veterans still remember 2019, right? Back then, whenever two major exchanges clashed, Bitcoin would start to plunge. History always rhymes, and with CZ’s new book sparking this “chain of business battles,” the market at 72000 already shows signs of a chilling atmosphere!
Bullish logic:
Currently, the support at 72000 remains stubborn, and the ceasefire agreement has given the bulls a breather. If the fierce exchanges among the big players are just to hype the new book and don’t affect platform operations, then after clearing out this wave of high-leverage shorts, the main upward wave will still aim for 75000.
Bearish logic:
Superstition must be believed! When founders start exposing each other’s flaws, it often indicates that market liquidity is facing some unknown risks. The liquidation map shows dense liquidity waiting below 68000 for the hunt. If 71500 is lost, it’s no longer a correction but a new round of “founder fight and grab.”
Operational advice:
At this moment, both topping out and bottom fishing are extremely risky. Keep a close eye on the 71500 to 73100 range—don’t break through or act prematurely! Stop-losses must be set properly; don’t let the aftermath of giants fighting shatter your account.
Stay calm in the madness; preserving your capital is the only way to qualify for the next episode! 🔥
Expert warm reminder:
This kind of “business war” market usually comes with extreme price spikes. It’s recommended to reduce leverage below 10x. The current ETH trend around 2167 is very similar—both sides are shrinking volume, and a breakout could happen tonight. $ETH $BTC #Gate广场四月发帖挑战
ETH0,58%
BTC1,66%
View Original
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
  • Pin