$BTC Big Cake arrived at 95000. The situation of Bitcoin in the past 10 days is that no one dares to go long, just watching Big Cake rise. But everyone is shorting, and constantly hitting stop losses, continuously being liquidated, which lets Big Cake execute long orders at the peak, with the big players absorbing the liquidity. Simply put, no one is going long at the peak; everyone is going short at the peak, and they have all become fuel. The subsequent trend is likely to be a slow rise, slowly rising, driven by the liquidation of shorts and the passive execution at the peak. Currently, the big players are observing the market direction; they are not in a hurry to manipulate the market. In the past seven days, the spot market has been flowing out continuously, with only the big player on the 21st using contracts to push up the price, spending about 20 million USD, while 1.4 billion in spot was sold off. It can only be said that the shorts are too strong, so the market has been rising slowly, continuously absorbing the liquidity of the shorts to execute spot trades. The big players can only reluctantly sell off their own spots. As for when it will drop? Don't worry, the time is not yet right.
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