(March 19 Afternoon) BTC Market Overview | Washout Incomplete, Rally Then Decline, Maintain Short Position at High Levels
The 69000–68000 range below is where the most concentrated chips from this round of gains are positioned. Yesterday's sharp decline directly erased 8 days of bullish gains; $3.90 billion in 24-hour long liquidations, though relatively moderate compared to recent periods, indicate that deleveraging and washout are still incomplete.
Current market structure presents a typical bull trap followed by a kill: U.S. stock opening tonight will likely rally first to trap longs, then
原文表示