The current situation of BTC is called short squeeze. The more new short parties enter, the faster it will rise. The new air force's selling orders were quickly absorbed by many parties.
There is a very subtle critical point between this, that is, when it is about to decline, only the extreme FOMO of the buyer will fill up the liquidation line and be very close to the price. Then, at the first opportunity to show weakness, when the short side is completely overwhelmed, the trigger will occur. A multi-party mandatory order is also a multi-party stop loss/forced liquidation order (sell order). A chain reaction began, with a cascade of liquidations and liquidations. This waterfall is called flush.
Another type of decline is called capitulation. Capitulation is when a huge candle suddenly appears during an upward or downward climb, with huge trading volume. At this time, the trend side completely takes a profit-taking position. Trends naturally reverse. The JUP I issued before is like this, but it is bearish and reverses multi-directional.
It can be confirmed that it is in the short squeeze stage, but it is impossible to predict when the flush will occur. Drag racing is okay, just wear a seat belt. Set your stop loss well, or use a trailing stop and raise your stop loss position after each new support appears.
With tens of millions of transactions, safety comes first. The picture below is the current liquidation heat map.
