⚡ Crazy liquidation wave! BTC skyrocketed past 110,000, how many shorts instantly exploded with huge losses?

This morning, Bitcoin broke its historical high, surging past the 110,000 mark to reach 111,800 USD! Countless people recklessly opened short positions near 110,000, only to suffer devastating liquidations and lose everything.

🔍 Why is opening shorts at 110,000 so dangerous?

Too many people are fixated on this resistance level, firmly believing it won't be breached, and they set stop-loss orders here. As a result, the market exploded against their positions, ruthlessly sweeping away the shorts. In fact, trading is always counterintuitive; the judgment of the vast majority will be mercilessly crushed by the market.

🔥 The market has long transcended technical analysis

This wave of market activity is no longer reliant on technicals; it merely looks at where the bearish positions are most concentrated and attacks those areas fiercely. Even the market “big shots” have suffered heavy losses this time, some even incurring debt! What are you afraid of? Don't forget, losing money is the norm; the real skill is being able to resist chasing the wrong direction.

💡 My practical experience

I tested the waters with a small position last night, lost 100 USD, and immediately retreated to avoid greater losses. When the market is unclear, staying in cash and waiting is also a form of wisdom. Don't let panic control you; patiently wait for the next opportunity.

Summary: BTC breaking past 110,000 is not a coincidence; it’s a harsh punishment for those who short against the trend. The market only favors a few; to trade, one must understand the times!