Returning to the market, after Bitcoin stabilizes at 78k, the entire network sentiment is overwhelmingly bullish, with retail investors rushing to buy high, as if 80k and 85k are within reach. But the market is always a game where only a few profit. When everyone is unanimously bullish, it often signals the main players are harvesting.



The main players' intentions in this wave are extremely clear: first, force short sellers into a squeeze, annihilate short positions, and push up funding rates. When short sellers are completely out and the market is left with only enthusiastic bulls, the real decline will begin.

Based on this judgment, the current top is around 80,000. After the main players clear the liquidity above, the overall trend will turn downward. This is an excellent opportunity to set up long-term short positions, using small stops to gamble for a large profit space.

Bitcoin trading strategy:
Open short positions around 80,000, with a stop loss at 81,000.
Long-term targets are 75,000 and 73,000.
BTC2,69%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Repost
  • Share
Comment
Add a comment
Add a comment
LittleTeacher
· 9h ago
The weekly MACD has been bearish for 8 months and has returned to the zero line. It's clear that the bear market is over. I don't know where the confidence to harvest is coming from.
View OriginalReply0
  • Pin