Recently, shorting has indeed been beaten badly. Partners who are trapped in short positions are suffering terribly, wanting to cut losses but reluctant to do so. If they don't cut losses, they fear BTC might surge to over 100k.
Feeling frustrated and angry.
It's not that interest rates haven't been lowered, nor that tariffs haven't been negotiated. TND, why is BTC surging explosively? What’s the reason?
It seems it's very hard to profit from the whales, but it's easy to be harvested by them. However, for the whales, pulling BTC from 95,000 to over 100k is also not easy.
Isn't there any narrative now? The U.S. reserve plan, this matter, should be a done deal, it should be too fake to be real. Buying BTC as a national strategic reserve, isn't this just giving money to Wall Street?
Should we hoard gold instead? Carrying it around makes a clanging sound.
Currently, it seems BTC is indeed reversing at the daily level, with pullbacks mainly focused on going long. Many people in the spot market likely got in around 76,000; those who haven’t gotten in won’t chase it anymore. If it doesn’t pull back, they won’t get in.
For BTC to challenge 100k, or even higher, it must do a pullback to gather strength.
Recently, the pullbacks haven’t been deep. Everyone is unable to buy the dip in the spot market and also can’t short to cover losses. Sigh, it’s frustrating. We can only patiently wait and endure a few more days; maybe tonight, U.S. stocks will start to pull back. $BTC
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币安王牌KOL专属群（五味子）
