103K corpses all over the field! New retail investors are becoming the main force in the market, will you be the next one to get liquidated?
K-Line Judge · Writing with Determination: Bitcoin's volatility is too intense for ordinary people to handle! Don't think too simply, expecting it to slowly drop down to give you an opportunity to enter. Look at the past few major drops; which one wasn't as quick and brutal as a guillotine? This market specializes in punishing those who harbor lucky thoughts and refuse to accept reality!
I see that the main force's control methods are too obvious this time:
Step 1: Deliberately crashing the market!
First, break through that key price level (support level) which everyone thinks will not be breached, causing those who borrowed money to buy coins betting on an upward trend (bulls) to lose everything and get liquidated.
Step 2: Violently pumping the price!
After crushing the bulls, immediately turn around and violently raise the price, dealing with those who borrowed money to short and bet on a downward trend (bears).
Step 3: Up and down washing out positions!
Now the price is stuck around $103,000, fluctuating back and forth, making both sides uncomfortable; this is washing out positions!
K-Line Judge: The trading ups and downs written with blood:
Now around $103,000, there are all retail investors (new bulls) who just rushed in to buy coins, their costs are all around this level. Although a few days ago, the price was pumped to sweep away some bearish positions, there are still quite a few people wanting to sell coins to cash out (bears) at this high level (relative to $103,000), and the chip distribution is quite scattered, so the pressure remains.
K-Line Judge's daily sharing, the behind-the-scenes team only serves ambitious madmen, with 10x coin secrets directly fed to you #美股代币化 $BTC