This whale open btc short of 120 million at 40x leverage $SC | Haris-Crypto on Binance Square

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This whale open btc short of 120 million at 40x leverage$SCRT 
$ETH 
$XRP 
#ETH #xrp 

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The same whale who did short Btc with 40x now he took Long Btc with 40x leverage $USDC $LUMIA $PORTO

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🔈Michael Saylor: Ai will buy Bitcoin.☄️ $BTC $ASR $ALPINE

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🔈Michael Saylor: Ai will buy Bitcoin.☄️ $BTC

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🔊JUST IN: BlackRock’s IBIT bought $2.5 billion worth of $BTC last week.🔥 #blackRock #wales

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On May 2, after the non-farm payroll data was released, BTC broke through to around 97800. After reaching this position, there was obviously a lack of momentum, which indicates that the main force created a false breakout. This is essentially a trap set by the main force to lure retail investors into buying. It can be clearly seen that after BTC's price reached around 97800, it quickly fell back into the range of 92800 to 95700. From 97800 to 93500, the decline exceeded 4300 dollars. If BTC wants to continue to rise, it must stabilize above the pressure level of 95700. However, it is clear that it did not stabilize and quickly fell down. Moreover, the upward momentum is currently very weak, so I am bearish on the subsequent market. There are several key points to pay attention to in the subsequent market. The first point is 95700, which is the key pressure level for upward breakout. If there is to be further upward movement, this pressure level must be broken and stabilized. I believe it is highly unlikely to go up, so it is possible to short at this position, which is still profitable. The second point is 92800, which is a strong support level. Once it is broken, we will head towards around 90000. A bit lower, around 88000 to 89000, basically indicates the end of the first round of decline. For the subsequent market, we will need to adjust and analyze based on the actual situation. Now the short-term strategy is very simple. If 95700 is not broken, you can short nearby. If it does not break below 92800, take profit, and you can also go long for a short position. If it breaks below 92800, the short position can be held to around 90000. The above operations are just suggestions; please open positions based on actual conditions.$BTC

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