I’ve been buying shorts during this market wave.


Bitcoin has been gradually adding to shorts around the 70k level.
At present, the overall short position ratio
is about 3.5 layers of the planned position.
Actually, the logic is quite simple:
The overall trend hasn’t changed at all.
We’re still in a bear market.
It’s just that short-term geopolitical conflicts’ volatility
has intensified the market’s liquidity tug-of-war,
thereby making this round of market movement
the core driving force behind the bears’ pursuit of extreme liquidity.
However, if the key resistance above
can form an effective breakout and hold steady, then in this round of market movement
the final target price will be further lifted to 8W+ .
BTC-0.87%
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