One thought becomes a god, one thought becomes a demon!

Today has really been thrilling. This morning, BTC was full of energy, directly breaking the recent high and reaching the position of 107100. I originally thought this momentum would continue to break through and reach 1100000. However, just when everyone was full of confidence, BTC took a high dive, falling back to around 102000 in just a few hours, and is currently hovering around 103000. ETH is even around 2300, leaving many puzzled about what is going on?

There are many reasons, but the most direct factor is that the main players are killing both long and short positions. First, they liquidate the short positions (even if a few short positions are not liquidated, they will still choose to cut losses in time), and then they liquidate the long positions, ultimately leading to today's situation.

In fact, this situation is quite normal in the early stages of a bull market. The only thing we need to do is to hold our spot positions firmly, accumulate at low levels, and refrain from trading contracts! #BTC挑战11万大关 $BTC $ETH $BNB