Posts
avatar

$BTC 82500-81000 There are still some spot orders propping up the price, so it may be difficult for the main players to push it below this level anytime soon.

Unless those spot orders were placed by the main players themselves, the fact that the price still hasn't broken down likely means they're building up long positions in the futures market. They may wait for the price to reach the order level, then cancel the orders in milliseconds, triggering a cascade of liquidations among long positions and pushing the price down.

Let's keep an eye on this for now.

This content is for informational and educational purposes only. It may include third-party insights, sponsored content, or promotional material for which the creator may receive compensation. Nothing in this feed constitutes investment advice or a guarantee of returns. You are solely responsible for your own investment decisions. Always conduct your own research and exercise caution before trading. We do not guarantee the accuracy of third-party information and are not liable for any losses incurred. Past performance is not indicative of future results. Please refer to our Community Terms and Risk Disclosure Statement for details.

avatarPost your reply

Comment