BTC Analysis 29/4
$BTC IS IN A VERY DANGEROUS ZONE
Observing the current data, we can see:
👉 The Long side is piling up, the Long force is extremely strong but very fragile.
👉 Many positions are using extraordinarily high leverage, from 25x to 100x.
👉 The number of Long orders is too strong – just one slight sweep, and the market will collapse like a domino effect.
BTC cannot soar when the weight of the Long side heavily burdens the market like this.
Want to soar higher?
👉 It is mandatory to clear all liquidations.
👉 Cleaning out the Long positions using high leverage, forcing them to drop, is the only way to gain momentum to rise further.$ETH #BinanceAlphaAlert