$BTC
Babies! Bitcoin just crossed $89,000. Are the bulls feeling victory is within reach? Don't rush to celebrate; I just uncovered a set of "earth-shattering" data. The current market is simply "licking blood on the knife's edge"! 🔪
If BTC breaks through the $90,000 barrier, the bears will face a "bloodbath"—an estimated $481 million in short positions will be forcibly liquidated! 😱 This means that once the level is broken, in order to make up for losses, the market will go on a buying frenzy, causing prices to soar like a rocket! 🚀 (This is what's known as a "short squeeze", those who understand know!)
However! There is always another side to the coin. If the market reverses and falls below $86,000, we bulls also face the risk of $514 million in positions getting liquidated! 💣
The current situation is "gods fighting, mortals suffering"; both sides have their "bombs" well buried. In such a high volatility moment, ladies, please be careful! Don't blindly chase after rising prices; always set stop losses, preserving your capital is the way to go! 🛡️$ETH
