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#Gate13周年
I have been buying short positions during this wave of market movement
Bitcoin has been gradually increasing short positions around 70k.
Currently, the overall short position ratio
accounts for about 3.5 layers of the planned position.
The logic is actually quite simple
It’s that the overall trend has not made any change
We are still in a bear market.
It's just that short-term geopolitical conflicts
have caused increased market liquidity battles
making this round of market movement
the core driver for extreme liquidity acquisition by bears.
However, if the key resistance above
can form an effective breakout and hold steady, then the current market
target price will further rise to above 80,000.