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Be careful of a technical correction wave after $BTC has experienced a rapid increase.
A fairly thick liquidation zone has appeared around the 73Kxxx level; if $BTC dumps down to that area, nearly 500 million USD of long positions will be liquidated, which is a significant amount.
Additionally, based on my observation of the long-short ratio, the current market sentiment shows signs of becoming overly euphoric, with the long ratio at a quite high 55.19%.
In an upward wave, a correction is a very common occurrence.