Prepared a red envelope of $BTC for the brothers 🧧
#BTC再创新高
The sudden surge caught everyone off guard, not just retail investors, but also many whales have been trapped, with losses in the tens of millions being common, and they are all holding onto their positions. The main force now is no longer the big players but the institutions.
BlackRock and others have already started to take control; their appetite is not for small fries but for the large players and whales in the market. So now that they have been trapped by the surge, how could it possibly drop in the short term to free them? Instead, it will just keep squeezing, releasing good news, and causing the large players and whales to continuously take losses and reduce their positions.
Very few dare to add positions because there is no reference above; no one knows how far it will rise. So, the bears should prepare for a long battle. Once these large players and whales have taken enough losses and the institutions are full, they will naturally start to unload and adjust for the next wave of accumulation. The timing for this could be weeks or months; no one can say for sure. $BTC
