This wave of BTC market is really fierce

It directly exploded all the shorts below 101400. Now the price has surged to above 103000, and there are basically no big shorts pressing down. To be honest, this upward momentum is much stronger than I expected—there's clearly no significant positive news, yet the price can still push up so hard, which is indeed a bit surprising.

Thinking about it carefully, this surge is mainly due to two reasons:

First, the shorts are essentially self-sabotaging. The higher the price rises, the less they accept it, desperately adding to their short positions, resulting in being liquidated, which in turn pushes the price even higher. These people are simply the "fuel" for the market's rise.

Second, the bulls are quite timid. Except for some daring bottom-fishing around 92800, no one dares to chase the price at other times. You see, the market is like a seesaw; on one side, the shorts are frantically giving away their positions, while on the other, the bulls do not dare to take over, so the price just keeps jumping up unilaterally.

In short, this rise is not a healthy bull market at all; it's purely the result of a distorted market structure. Now we need to pay attention to two key points: whether the shorts dare to continue to stubbornly add positions, and whether the bulls will suddenly enter the market at high levels to take over. If the shorts admit defeat and retreat, while the bulls continue to play dead, then the market is likely to move sideways.

As the market continues to change, we need to closely monitor market signals and seize new entry opportunities. Like + comment, and I'll take you through the bull market to stand firmly and seize this great opportunity!

#BTCtrade #BTCBackto100K #MostRecentTrade

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