$BTC The Jewish big brother is indeed impressive. This market reminds me of the situation in February-March, when people generally believed it wouldn't break 6 but also wouldn't break 7, with a large number of shorts from 58,000 to over 60,000. As a result, the market kept rising, squeezing the shorts. When it broke 7, it rose to 73,000, and gradually everyone believed the bull market was here; the bulls rushed in, successfully taking over, and the capital exited successfully.
This time is quite similar, just last night the market liquidated over 600 million USD, indicating there are plenty of shorts at 80,000 points. As it rises to 89,500, the shorts are being gradually exhausted. As long as the market's enthusiasm for chasing longs increases at this moment, a crash is inevitable. What’s concerning is if those surviving shorts at 89,500 continue to short, and if bulls switch to shorts, it could lead to trouble. Without a large number of bulls taking over, the market won't go down; currently, many people are keen to place shorts at 90,000, but the market is now at 89,500, not breaking 90.
Everyone should chase longs, don't hesitate, you are the fuel that gives the market the power to go down. Now this group of Jewish capital is wealthy and extravagant. Taking advantage of Trump's victory, they are manipulating BTC into what kind of shape, with such high and low differences, it will be difficult to play both spot and contract in the future.
In retrospect, capital is indeed powerful, controlling everything. Many spot players should have exited around 78-80; it seems that even following the trend, they wouldn't have made this much. A lot of the shorts at 80,000 are also considerable, and those who retreated from the spot at 78-80 are now afraid to enter the market. Currently, 89,500 is somewhat similar to the 73,880 high in March. But unlike 73,880, which was a small bull peak, 89,500 is likely a midpoint in this bull's pullback, with another wave of rise to come.
Overall, I consider my November rise a failure; although the 'Short Exploration Method' allowed me to profit, I missed the spot opportunity, so everyone should grasp the pullback at 59,500.
