Reminder⏰

Short-selling BTC in the near term must be cautious‼️

An additional 1.25 billion funds were issued early this morning

If this funding continues to push BTC up and breaks 111,980 in 1-2 days

BTC could reach around 120,000

Because starting from April 20th!

Many people opened positions with BTC prices around 91,000

So their liquidation prices are concentrated around 120,000

In other words, those who opened with 3x leverage have over a 90% chance of being liquidated

Unless they continue to borrow funds to supplement their margin!