The longs are "holding the loss"

The market is in a state of “Longs are being squeezed”. Although the Long ratio (buy) is overwhelming in major coins (BTC, ETH, BNB), most of these positions are facing heavy losses. In contrast, the Shorts (are shorting) are either making profits or incurring fewer losses. Specifically, for ICP, the Shorts are winning big.

1. BTCUSDT (Bitcoin) - The longs are “holding the loss” * Market sentiment: The Long/Short ratio is about 132%, indicating that Whales and Smart Traders are still leaning towards buying. * Long Position (Bull):

• Average entry price: ~91,572 USD. * Status: Currently losing heavily (about -60 million USD based on the displayed data).
• Meaning: A large amount of smart money has peaked at the 91.5k range and is being squeezed. This area will become a very strong resistance if the price rebounds. * Short Position (Bear):
• Average entry price: ~88,928 USD. * Status: Currently profitable (around +11 million USD).
• Meaning: The Shorts are in control of the short-term game. They have a better position and a more comfortable mentality.

2. ETHUSDT (Ethereum) - Both sides are losing, but longs are losing more. * Market sentiment: Extremely Bullish in terms of order volume (Long/Short ratio > 200%). Whales are betting big on ETH price increase.

• Position: * longs: Entry price averages ~3,055 USD. Currently losing heavily (~50 million USD). * Short: Average entry price ~2,893 USD. Also currently at a loss ( due to the current price being around 2,970 USD, higher than the entry price shorts). * Commentary: The ETH market is moving sideways within an uncomfortable range (chop market) trapped between 2,890 and 3,050. However, the selling pressure from the longs ( to cut losses or break even ) around the 3,050 USD area is very strong.

3. BNBUSDT - Similar scenario to ETH * Long/Short ratio: ~191% (Favoring longs).

• Position: Currently at a loss. * Short: Enter average order at ~811 USD. Also currently at a small loss. * Observation: Whales have FOMO bought in the area above 900 USD. The 900 USD area is currently a “fortress” of resistance.

4. ICPUSDT - Completely different (Bearish dominance) * Market sentiment: Very negative. The Long/Short ratio is only 66.37% (The Short side dominates).

• Position: * longs: Entry price ~5.09 USD. Currently at a loss of (-6 million USD). * Short: Entry price ~5.16 USD. Currently making a large profit (+9.6 million USD).
• Analysis: Unlike BTC/ETH, large funds are actively going short on ICP and they are winning big. The downtrend of ICP is very clear and the sellers are in full control. Suggested strategy:
• Don't be quick to buy just because of the high Long ratio: Even though whales are going long on BTC, ETH, BNB, they are currently at a loss. This means the market is moving against their predictions. If the price continues to drop, this massive Long position could be liquidated (Long Squeeze), pushing the price down even further. * Important resistance levels (Based on the breakeven point of the Whales): * BTC: 91,500 - 91,600 USD. * ETH: 3,055 USD. * BNB: 903 USD.
• If the price rises to these levels, the selling pressure to offload ( back to shore ) will be very strong. * ICP: You should not catch the bottom (long) at this time because the Shorts are too strong and are making profits; they will continue to pile on Short orders whenever the price bounces slightly.

1. BTCUSDT (Bitcoin)

• Main strategy: Short (Go short) when the price recovers to the resistance zone.

• Short Zone (Sell Zone) ideal:

• $90,000 - $91,600: This is the “death zone” because it is both a psychological resistance ($90k) and the breakeven point for the Smart Money (holding positions at $91,572). They will unload their positions as soon as they are back to breakeven.

• Long Zone (Buy Zone) short trading:

• $84,000 - $85,800: This is the nearest technical support zone. If the price drops here and shows a pinbar signal (, you can go long short-term back up to $88k.

• Stoploss ) Long: Break $83,500.

2. ETHUSDT (Ethereum)

• Strategy: The Short position is the safest as the Long side is suffering heavy losses.

• Short Zone (Sell Zone):

• $3,050 - $3,100: Absolutely matches the average entry price of the Whale ($3,055). The amount of holdings trapped here is very large, making it difficult to break through immediately.

• Long Zone (Buy Zone):

• $2,920 - $2,940: This is short-term support (EMA/Fibo).

• Note: If it breaks $2,900, the price could slide quickly to $2,800.

3. BNBUSDT (Binance Coin)

• Strategy: Sideway (Flat ), trade the range.

• Short Zone (Sell Zone):

• (- $905: This area coincides with the whale's stacking price of )$903$890 .

• Long Zone (Buy Zone):

• (- $855: BNB is currently showing strong support around $850. This is a low-risk entry point for buyers.

• Dừng lỗ )Stoploss$845 : Below $840.

4. ICPUSDT (Internet Computer)

• Strategy: Short is king. Don't try to catch the bottom (Long) unless you are very well-informed, as the sellers are completely dominating.

• Short Zone (Sell Zone):

• $3.70 - $3.80: If there is a pullback up to here, the shorts will continue to push the price down.

The price may still decrease.

• Bottom Fishing Area (Long) risk:

• $3.00 - $3.25: This is a strong psychological support area (round number). Should only go long with small volume (art ) here.

💡 General advice: Currently, the market is experiencing a “Long Squeeze” (Kill Long orders ). • Why? The macro news at the end of the year ( such as the Fed being hawkish, or the interest rate hikes from Japan - BoJ) are causing money to flow out of risky assets. • Action: Prioritize Short orders when the price retraces (Retracement is sell), limit Long chasing after the green price. Disclaimer: This is an analysis based on past and current data for reference, not financial investment advice. Please manage your capital tightly ( set Stoploss ) when entering a trade.