Bitcoin surges to 79,400, but shorts are aggressively adding to positions!Is this trying to force a liquidation of the longs?



Last night, Bitcoin hit a high of 79,472 USD, directly crushing the shorts to the ground

Long positions were liquidated for 339 million USD, 4.4 times the long positions, shorts were wiped out

In the past 7 days, shorts paid longs 12 million USD in funding fees alone, earning the nickname "inverse philanthropist"

Even more outrageous: mainstream platforms also have negative fee rates, indicating many are shorting against the trend at high levels, treating the rally as a rebound

Suggestions:
Don’t follow shorts in going against the trend: high funding fees turning negative doesn’t mean a drop, it could be a prelude to a short squeeze; catching the top is deadlier than chasing the rally

Don’t get shaken out by volatility: before the bullish trend breaks, retracing to add longs is more stable than chasing the high; don’t let shorts’ contrarian moves influence your judgment

Risk management always comes first: regardless of long or short, in high volatility markets, position size and stop-loss are life-saving tools; don’t hold heavy positions and endure large swings $BTC
BTC-1,18%
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