Currently, the short sellers are quite active, and based on open interest, the main force's long positions haven't exited yet. There might be another surge to trigger a short squeeze. You can consider shorting around 718. Afterwards, there's a high probability that the price will drop back to around 6. Brothers in the short camp, don't worry. This is a bear market; it's just a rebound, not a reversal. The price will definitely go down! Shorting is the way to the palace. Next week, we'll continue to keep the bulls pressed to the ground and grind them down.
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$BTC BTC Evening Analysis
Currently, the short sellers are quite active, and based on open interest, the main force's long positions haven't exited yet. There might be another surge to trigger a short squeeze. You can consider shorting around 718. Afterwards, there's a high probability that the price will drop back to around 6. Brothers in the short camp, don't worry. This is a bear market; it's just a rebound, not a reversal. The price will definitely go down! Shorting is the way to the palace. Next week, we'll continue to keep the bulls pressed to the ground and grind them down.