Today is May 4, 2024
Yesterday, I told everyone that the key support level below is 60,600, and everyone is opening short positions. Sure enough, the 60,630 level has played a certain supporting role. Bitcoin reached the highest level of 63,400 yesterday. The current trend is that Yesterday's airdrops have all gone out, and Bitcoin has just reached 62,000. Will the market fall back again next?
Let’s go through the one-hour liquidation chart of Bitcoin OBTI. As you can see, there are still more people who opened short positions than those who opened long positions. When the bookmaker rose to 63,500, all the people who opened short positions reported all the short positions. Air Force The maximum capacity is 3.3M. If the dealer drops back to 62,300, all large multi-person positions will be reported. The maximum capacity of multi-person is only 2.5M.
Then let’s take a look at Ethereum. People who are short in Ethereum will crush those who are long. When the bookmaker rises to 2,980, all the people who are short will be reported. The maximum air force capacity is 2.6M.
Yesterday's rise did not turn everyone's mood into optimism. Now many people are shorting on short.
, go short on short. If it continues to fluctuate for a period of time, it is estimated that the shorts in the market will crush the longs. This is exactly what we want to see. Friends who follow me must be stable. The current market sentiment is what we have followed before. As everyone said, everyone needs to open up, it’s the last darkness before dawn.
Bitcoin breaks through 61888! Target 68610! At present, the battle between multiple air forces is fierce, and the key support below is still at 60500. #BTC Trend Analysis#ETH Trend Analysis#Contract Liquidation#Broad Market Trend
