$BTC In the end, 115k long liquidity was liquidated under the lustful power of the whale... Damn it, I've been tricked these two days! Sell short orders, and dare not accept long orders... It seems that it is also a volatile market, and the current rhythm is not suitable for me at all... Back to the market, long liquidity has been completely basically liquidated, but the spot premium has continued to be lowered, indicating that this wave of shipments is not over yet, so it is temporarily chosen to wait and see... Wait for the spot premium and price to show signs of bottoming out and rebounding at the same time before confirming the end of this wave of shipments. When there is a large supply or demand in the spot market, the value of the futures market liquidity reference will decrease!
$BTC's bull liquidation expectations have failed, damn it! Obviously, there are so many opportunities to complete the long liquidation downward, but the spot supply just can't keep up, not only the supply has decreased, but the demand has also increased, which has led to the gradual recovery of the spot premium... Since there have been many unclear situations, I no longer stubbornly believe that the price will definitely go down and liquidate in the short term... After all, the current large-level trend structure is still a bullish trend, and the long liquidity is not in a hurry to liquidate, but the short liquidity above has begun to gather more and more... If the price can rebound next, then the dense liquidity area can extend all the way to 126k... Once again, in the context of the bull trend, long liquidity does not have to be liquidated, I have asked my wife to take profit on short orders in the morning, if the market gives you many opportunities, but the opportunities are consumed, then try to leave the market first and start again at this time. I will still place orders around 115k to take long, maybe there will be a bearish opportunity this week, but if the market doesn't give a chance to start rebounding, then frankly admit that I missed it... On the other hand, if the price can stand above 120k again, I will consider small positions to chase long...
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