900 BTC liquidation orders have been placed at 96,000! The main force's 'spike - trap - explosion' full-chain trap is being deeply analyzed?
Bitcoin short-term logic breakdown: After this sharp rise, we enter a high-level fluctuation and distribution phase, currently oscillating repeatedly within the range of 2,000-4,000 points.
Although the upward trend line has not been substantially broken, according to the main force's common tactics, this critical trend line will often be falsely broken to induce a short — for example, suddenly breaking the support level, and when retail investors follow suit to short, it violently pulls back, and may even break the previous high to sweep away stop-loss orders above 95,700, with extreme positions seen around 96,200.
My judgment is that extreme fluctuations will inevitably occur this week: first, a downward spike to around 92,000 to wash the market, then a rapid pullback to hit the 96,000 area, and finally completing a double kill of bulls and bears, starting a real waterfall market aimed at the 85,000 mark. It is particularly important to note that this 'roller coaster' trend is extremely damaging to contract players, so one must closely monitor the trend line's defense situation during the day, and any break must be accompanied by stop-losses. Large on-chain transfer warning data will be updated later, so stay tuned to my updates if you want to avoid pitfalls.
Currently, the rise is sustainable, so wait for the price to pull back and continue to set up.
Continue to layout strong altcoins, need to follow up with a message 111 led by Wuchang!
