Let me briefly share my views on the current situation $BTC I took a look around the market and the data #非农就业数据 Currently, there are a lot of people shorting the market #多空双爆 In other words, even if it drops to 104000 now, I believe not many people would dare to go long, because at the current levels, shorting feels very safe Those going long are very afraid of a sudden drop; for those without positions, I suggest not to open any, and waiting is the best option With so many short sellers around, there is a high probability of a sharp rally that will force short positions to cover Stop losses on short positions or liquidations may lead to a chain reaction During this process, there is a high likelihood that BTC will be pushed up to a price that cannot be predicted, possibly 106, 107, or 109 I believe many cautious traders may have liquidation prices even around 11 Once the shorts have been sufficiently squeezed, combined with the non-farm payroll news, there will be a sell-off; at that time, the Nasdaq will certainly plummet, and BTC is likely to drop back to the 92xxx range or even 86xxx range. But during this process, the most agonizing part is knowing it will drop yet being afraid of not being on the train Knowing there will be a sharp rally yet still having to get on board to hold the position This is just my personal opinion and may not be correct If you think I have missed anything, feel free to give me feedback, teacher.
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