If BTC makes another surge, the situation will become completely clear.


The main force has been aggressively pushing for over 20 days, and the upward cycle is almost exhausted.
In a bear market environment, continuous sharp rises for one or two months are simply unrealistic.
Therefore, the probability of a decline will increase gradually.
Currently, at this level, many short positions have been liquidated, and traders are beginning to doubt themselves.
At the same time, the funding rate has turned positive—appearing optimistic on the surface, but actually indicating a potential short-term correction.
The overall downward trend is becoming more and more evident; just wait and see.
#BNB #BTC #ETH #btc
BTC-1.16%
BNB-0.56%
ETH-0.68%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin