$BTC Why it is said to be a trap.
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The previous post mentioned the issue of short liquidity.
Clearly, above 87500, there are no shorts left to be liquidated.
The fuel is not very sufficient.
If the spot market is weak. (Trump messing around at night)
It's not that there isn't a possibility of the market dipping back to 83000~84000 to liquidate longs.
Of course, this cannot be the main basis for judgment, it can only be viewed as defense remaining. See the referenced article for specifics.
You can observe the following: aave, bnb, pengu, zro, ton.
If the market turns to rise, they may perform well.