Large amounts of capital have been flowing in for two consecutive days
Over $1 billion in short positions have been liquidated, and the market has rapidly reversed from bearish to bullish
As of this morning, the US stock market closed at a new high of 94,150, breaking through the 93-94 resistance zone. On the daily chart, a double-bottom structure has formed, and the closing price has broken through the neckline. This round of increase will at least test the upper band at 96,000 on the daily chart. In terms of the daily trend, the overall long-term trend has not completely reversed yet. If there is another breakout with increased volume, then the next resistance for short positions will be around 97,000—wait for shorts at this level. $BTC #广场发帖领$50
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Large amounts of capital have been flowing in for two consecutive days
Over $1 billion in short positions have been liquidated, and the market has rapidly reversed from bearish to bullish
As of this morning, the US stock market closed at a new high of 94,150, breaking through the 93-94 resistance zone. On the daily chart, a double-bottom structure has formed, and the closing price has broken through the neckline. This round of increase will at least test the upper band at 96,000 on the daily chart. In terms of the daily trend, the overall long-term trend has not completely reversed yet. If there is another breakout with increased volume, then the next resistance for short positions will be around 97,000—wait for shorts at this level. $BTC #广场发帖领$50