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AuspiciousSnowHeralds
· 1h ago
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AuspiciousSnowHeralds
· 2h ago
Bitcoin breaks above $89,000, rare rise during US stock trading hours
Bitcoin surged past $89,000 during US stock trading hours, after a month where Bitcoin declined approximately 20% during US stock market open hours. Data shows that the decrease in open interest contracts suggests this rally may be driven by short covering rather than new leveraged long positions. The overall crypto market remains fragile, affected by ETF capital outflows, tax-related adjustments, and insufficient liquidity during holidays.
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AuspiciousSnowHeralds
· 9h ago
In fact, the bulls are also very persistent; if they don't break through, they will continue.
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AuspiciousSnowHeralds
· 9h ago
The current market is not about establishing long positions; instead, it's about shorting during rebounds. The market is mostly one-sided with a bearish trend.
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AuspiciousSnowHeralds
· 9h ago
The main strategy is to go short after the rebound.
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AuspiciousSnowHeralds
· 10h ago
Every time it's 90500, the whales and the Americans push down the price with short positions... This time, the Americans are flowing in, so there's a bit of a tug-of-war.
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AuspiciousSnowHeralds
· 10h ago
Two-fifths of the funds
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EarnEveryDay
· 10h ago
Is the fund expenditure significant?😂 Is it directly shorting at 925, or should we build some positions now?
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AuspiciousSnowHeralds
· 10h ago
Tonight, the bulls and bears are battling, spot inflow is happening, but the trend hasn't changed.
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AuspiciousSnowHeralds
· 10h ago
Whale address (0xb5a6) shorts BTC with 40x leverage, entry price at $88,809.0
Good evening, everyone! Market analysis! Thank you all for your support!