【Bitcoin Monthly Summary, Likely to Break 110,000】 It is very difficult to pull back at the daily level, this month breaking the 100,000 barrier is a trend that is bound to happen, do not short, shorting may yield temporary profits, considering the monthly level, the trend is basically in mid-air refueling, one should think about it, it has been at a high position for so many days, what should go down has already gone down, even if bearish it has to wait for this wave to finish, currently the monthly trend is accelerating upward #btc #Bitcoin #$BTC
A large amount of chips is gathered above Bitcoin, eager to break through previous highs. Be cautious with short positions; it seems likely to soon break through the 96,000 mark, reaching 97,000, which could trigger a massive short squeeze. There are no signs of a pullback based on various indicators. #btc #Bitcoin #eth
According to the liquidation heatmap for Bitcoin, A large number of short positions near the 96000 point need to be liquidated. Do not let psychological effects make you blindly short. The long positions in contracts have become very few, Only short positions can be forced to liquidate, The high-level consolidation is likely to reach new highs again, From the technical patterns on the chart, it is also a high-level consolidation. #btc #bitcoin
Bitcoin is very likely to break the previous high based on the current situation, the liquidation heat map shows, there are a large number of short positions above that can be liquidated, the short pullback has been completed.