The current upward momentum of BTC is very different from the previous on-chain reaction. The internal structure of the market has changed from the deep divergence of the past to the cautious wait-and-see of large funds.
It is worth noting that the market performance of BTC and ETH also shows different styles.
The key liquidation prices currently faced by short sellers are 65000, 65456, 65934, and up to the 664-669 range, which may be the last line of defense for short sellers.
Long sellers need to be wary of prices such as 64022, 63544, 63066, and 62588. Once they fall below, they may eventually reach the liquidation range of 616-611.
In this market change, capital movement and position mentality have become key factors affecting the trend.
It is necessary to pay close attention to market dynamics and grasp the flow of funds to cope with possible drastic fluctuations. ##BTC突破6W5
At such a critical moment, every decision needs to be made with caution, so that we can maintain our position and gain the upper hand in this financial storm. $BTC $ETH