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$BTC's bull liquidation expectations have failed, damn it!
Obviously, there are so many opportunities to complete the long liquidation downward, but the spot supply just can't keep up, not only the supply has decreased, but the demand has also increased, which has led to the gradual recovery of the spot premium...
Since there have been many unclear situations, I no longer stubbornly believe that the price will definitely go down and liquidate in the short term...
After all, the current large-level trend structure is still a bullish trend, and the long liquidity is not in a hurry to liquidate, but the short liquidity above has begun to gather more and more...
If the price can rebound next, then the dense liquidity area can extend all the way to 126k...
Once again, in the context of the bull trend, long liquidity does not have to be liquidated, I have asked my wife to take profit on short orders in the morning, if the market gives you many opportunities, but the opportunities are consumed, then try to leave the market first and start again at this time.
I will still place orders around 115k to take long, maybe there will be a bearish opportunity this week, but if the market doesn't give a chance to start rebounding, then frankly admit that I missed it...
On the other hand, if the price can stand above 120k again, I will consider small positions to chase long...


23.7. klo 15.51
Expectations are fulfilled, and after yesterday's phenomenon of "unclear" for the high-density long liquidity area below, the price began to rebound and come out of the small high, from the structural point of view, it seems to have more and more taste of expansion.
The area with the highest liquidation intensity is still the long liquidation area around 115k, if this pattern is going to end, then you can still expect the price to pull back again today and tomorrow to liquidate here!
Since the current trend structure is still a bullish trend, the small lows have decreased and the highs have also risen, so I still do not recommend shorting, but recommending waiting for the pullback to appear, especially after the long liquidation area is completely liquidated.
If you really want to go short, then just play in the short term, you can take a small probability event before the test, but it is difficult to catch this small probability event before shorting, and you will be accidentally trapped and then stop loss high...
In short, since the market has entered a volatile market, it does not look at the trend, and after the emergence of a strong trend market, 2~3 weeks of shock is very common.

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