When it rises, shout 150,000 bull market
When it falls, shout 50,000-60,000 bear market people
What’s the point of looking at this kind of information?
Returning to the current market situation, the remaining short liquidity above the current price is only 105k and 106k, while above this price level, there is a complete vacuum of liquidity;
Therefore, at least within this week...
It is impossible for the price to break through 106k, so in my view, the current situation should have become much clearer:
1. Short liquidity (fuel) is almost depleted!
2. The total amount of unliquidated long liquidity is relatively high, but scarce near the current price;
Therefore, it can be expected that 100k~106k will become the new range of fluctuations, until the short liquidity above 106k fills this gap, or the long liquidity around 97k completes its accumulation.
For those holding long-term short positions, with a high liquidation price, after this round of second-stage rise, they must be frightened, but in fact, this is just when the price is about to start fluctuating.
As for Ethereum, I choose the pattern
