Friends, I am Zhao Gongming! BTC is being placed on a 'liquidity powder keg', and a set of astonishing liquidation data reveals the brutal 'long-short squeeze' the market is about to face. Follow Zhao Gongming to understand why, beneath the seemingly calm surface, a catastrophic market shock is brewing.
News: 85000 is the 'Maginot Line', and breaking below it will trigger a liquidation of over 1.2 billion long positions.
The latest liquidation map shows that BTC is in an extremely fragile position. If the price rebounds and breaks above $89,000, it will liquidate $702 million in short positions; but the real risk lies below - if the price falls below $85,000, it will trigger a chain liquidation of up to $1.244 billion in long positions.
This means that 85,000 is not only a technical support but also the 'lifeline' for many leveraged bulls. Once it breaks down, a massive amount of passive liquidation selling will surge out like a waterfall, forming a 'bull kill bull' crushing scenario, and the decline will be instantly amplified.
Technical analysis: Multi-period 'strong sell' resonance, golden cross and energy contraction expose the nature of a trap for bulls.
The technical structure of the one-hour candlestick chart has already 'collapsed across the board.' The price is firmly pressed below the critical level of 88,000. Although there seems to be a golden cross, the energy bars have significantly contracted, which is a typical signal of a volume-less rebound and weak upward momentum.
More critically, technical indicators from 30 minutes to daily charts have almost all signaled 'strong sell' red lights, with moving average indicators showing an extreme bearish situation of 12 sell signals to 0 buy signals. This suggests that any rebound is merely a 'dead cat bounce' within the downtrend, aiming to attract more bulls to step in.
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Zhao Gongming's views and strategies:
Zhao Gongming is firmly bearish on BTC's future. The balance of the market has tilted: the potential selling pressure from breaking down is far greater than the buying power from breaking upwards. The comprehensive collapse in technical indicators has provided a perfect 'fuse' for this decline.
Positioning advice: Risks have reached a critical point. Please give up all fantasies and consider any rebound towards the area of 87,500-88,000 as the last opportunity to escape. 85,000 is an absolute bottom line that must not be breached. Once it breaks, one must decisively exit to avoid being caught up in the subsequent wave of liquidations.
Cautious advice: Do not catch the falling knife. In the face of enormous liquidation risks, cash is the safest asset. Be patient and wait for the market to choose its direction. A more worthwhile moment to pay attention to is to see if the price can show signs of stabilization in the area of 83,800 or even lower after breaking below 85,000 and releasing the first wave of panic.
When the market is hijacked by massive leveraged positions, any technical analysis may be overturned by instantaneous liquidity crush. If you do not want to become a victim in this 'liquidation tsunami,' pay attention to Zhao Gongming, enter the chat room to get real-time tracking of BTC's battle between bulls and bears at the critical point of 85,000 and changes in liquidation risk. At critical moments, I will sound the alarm for you!#美联储降息 #美国非农数据超预期
