$BTC Listen up! This is truly a critical moment!
No matter if you were liquidated before or missed the boat, you must be fully alert now!
BTC is now looking at the 107000 mark!
If it can hold above 107000, it will surge directly to 112000 to 113000, and the shorts will be badly squeezed. If it can't even touch 107000, it will definitely drop back to 102000, at which point boldly buy the dip.
How to judge? Two methods:
If the futures market suddenly turns bearish (funding rate turns red), it indicates a breakout is imminent while the spot market is still buying crazily (premium hasn’t collapsed), the likelihood of a breakout is high.
If both of these signals are not obvious, just patiently wait at 102000 to catch the fall.
Tonight, keep a close eye on 107000:
If it spikes up and then drops (false breakout), short immediately, targeting first at 102000; if it breaks through for real, buy the dip blindly, targeting first at 113000.
Advice for beginners:
Market makers love to ambush! After a long-term downtrend, they suddenly pump the price, specifically to cut the chasing and panicking traders. If there's a violent pump just to squeeze shorts, after that, it’s very likely to plunge, so don't be a bag holder. The safest approach is to drop to 102000 for a washout, shaking off the weak hands before rising again. If they push the price hard, once it hits 113000, I will definitely go short, betting on a pullback!
Remember: 107000 is the current critical level! If it can't break through, just wait to buy the dip; if it breaks through, go with the trend and take the profit. Don’t bet on direction; trade based on signals! Beginners should try with small funds, set proper stop losses, as market makers can be ruthless!
The next 10x coin is about to be born; on July 30, which is the day of the interest rate cut, the 10x coin code will be announced, so stay tuned.