The short position has been stopped out, the defense at Bitcoin 116600 has been triggered, and the defense at Ethereum 3770 has also been triggered. The previous basis for shorting Bitcoin was that the rebound had not broken 116000, so there is a probability of a deep correction. Today is a day for the bears to be blown up, stopped out, and beaten; Zhong Liang is the first to take a heavy hit, a lesson learned...

According to statistics from Coinglass, in the past hour, this wave of rally has resulted in a liquidation of $34.6545 million in short positions, and in the past 4 hours, $130 million in short positions have been liquidated. If you were led astray by Zhong Liang's high short strategy and ended up incurring losses, Zhong Liang sincerely apologizes. The posts are all there, the ideas and viewpoints are all there; if it's wrong, it's wrong, and if you lose, you lose.

At this point, it is not recommended to get too aggressive in chasing the rise. Bitcoin's next resistance is at 118000, and Ethereum is at 3850. Since we have short positions, we missed the long positions, so it’s not good to chase directly. It’s better to wait for a pullback, to go long at lower levels more safely; otherwise, if there happens to be a rollercoaster at night, with a deep correction, shorting and chasing long will both get stopped out, and that would be really painful... #比特币流动性危机