Short position liquidation??? Seize the opportunity, everything starts with 'simplicity'...

Bitcoin surged overnight, driving the entire market wild, with some celebrating and others in tears. As a small investor, it’s natural to have many lucky thoughts and overlook risks, leading to the final result of a steep decline and deep entrapment. Particularly in last night's significant price surge, just a fleeting thought can lead to getting deeply trapped.

The short position around 92,000 is currently not deeply trapped. The current resistance level is around 95,000. We can short at the resistance level to lower the average price and observe the strength of the correction; with ample chips, we can withstand it.

The short position around 88,000-90,000 is currently in moderate entrapment. We can use high positions to add to shorts while also needing to manage positions based on the situation.

The short position below 88,000 is currently deeply trapped due to this sudden surge, which caught everyone off guard and had no corrections at all. Achieving a perfect liquidation is somewhat challenging; we can only minimize the losses.

Imagine that the long positions above 90,000 from February to March only reached perfect liquidation today. Liquidation requires not just seizing the opportunity but also a stable mindset; this process is quite torturous, and it depends on whether one can endure it. $BTC #加密货币总市值重回3万亿