Reviewing the investor sentiment in this round of market: When the price was at 74,000, the market was filled with caution, and many people were closely watching the target at 68,000. Even with two entry opportunities, they still chose to wait and missed the chance to lay low positions.
Subsequently, the price skyrocketed to 95,000, and faced with a trend nearing the previous high, the market generally judged that the rebound was in place, leading many investors to go short.
However, the main funds broke the conventional operation, and after a sharp fluctuation in the range of 95,000 to 97,000, the price fell back to 93,000, misleading investors to mistakenly judge it as a false breakout and chase shorts.
Immediately afterward, the price quickly surged to 104,000, leaving many shorts facing liquidation.
At this time, although it was more suitable to short compared to the previous period, the short forces had already been severely damaged.
In the subsequent market, the market may continue to clear out aggressive shorts through fluctuations, but overall, it remains extremely difficult for the short camp to achieve profits.
