$BTC
Don't short BTC right now, 1 billion USDT has entered the market to buy the dip!
1. One hour ago, Tether issued an additional 1 billion USDT, and large institutions continue to buy the dip. This month, Tether has already issued 2 billion to enter the crypto market.
2. Currently, over 60% of large holders and retail investors are shorting BTC, forming a counterparty position against the whales, with the risk of being squeezed at any time.
3. Currently, BTC at 110,000 is a very tempting short point, which is a historical high. However, I still maintain my previous view: within the range of BTC 110,000 - 150,000, this is just the whales' number; Bitcoin is heavily controlled by Wall Street, and the highs will continue to be refreshed until they want to sell off.
4. If you want to short, you can wait for two days, but shorting BTC really has too low of a cost-performance ratio.