The price of BTC at $93,500 is simply a bull meat grinder!
The platform data is clear; at this price level, a long position worth $65.97 million has been liquidated directly. No wonder the market seems to be stuck around $94,000 – the main players are precisely controlling the market to harvest!
If it really crashes to $92,200, that would be bloody! The $721 million long leverage positions would trigger a chain reaction like a domino effect, and by then, there would definitely be corpses everywhere! This sideways movement is just the calm before the storm; the main players are quietly setting up a liquidation net, waiting for some reckless trader to leverage in and hand over their heads!
Don’t be fooled by how stable the K-line looks now; behind the scenes, who knows how many contract accounts have been marked by the system as lambs to be slaughtered. I advise everyone with leverage to withdraw quickly; don’t wait until the market suddenly breaks through the support level and then cry for help – this market is out to kill those who think they're clever gamblers!
Blindly going solo will never bring opportunities; why not follow Ji Xin? I will take you to explore tenfold potential coins! Top-tier primary resources!
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