The dog house has started to brush hands again!
1. According to coinglass data, when BTC rises to 93,000, the amount of short positions liquidated is nearly 1.6 billion, and when it drops below 90,000, the amount of long positions liquidated is about 500 million.
2. The current price is fluctuating slightly within the relevant range, and a small increase or decrease could trigger a large number of orders, creating a situation of 'both long and short being eaten', making ultra-short-term movements hard to discern.
3. Many big players have withdrawn BTC from exchanges, seemingly optimistic about the future market, while 200 BTC lost in Mentougou seems to be testing the market's reaction.
4. Intuitively, I believe BTC will rise first, and then drop back down.
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