#BTC

BTC Market Analysis:

The trend of Bitcoin over the past two weeks is extremely similar to the predictions made in the analysis. Last week, going short on Bitcoin successfully yielded nearly 50,000. This wave of rebound didn't capture much in the long position, the pace was a bit quick, but I also shared the analysis openly with my brothers, so, did you make money?

Looking ahead at Bitcoin's trend, let's observe a correction in the short term. This wave of increase is actually driven by liquidity above the liquidation levels. The buying pressure in the spot market is not very obvious, so we need to be cautious! The liquidity for liquidation is temporarily concentrated in the 113,000-115,000 range, with a possible extension of 1,000-2,000 points; I won't elaborate on the reasoning!

Overall, at this position, I do not recommend entering a long position on Bitcoin, as the market driven by liquidations is not particularly stable, so choosing to go short is a better option!