Bitcoin's recent surge has been truly fierce, and many people are starting to reflect on the pace. Some traders made a short decision at the 95406 level, with a liquidation line set at 96705, holding a single position of 408260U. Such heavy position operations do carry risks, but their logic is: aiming for 89000, believing that the correction space is sufficient to digest this wave of gains. This kind of betting reflects the market's cautious attitude towards short-term highs—some believe that this level has already overextended the positive factors, and more cautious traders are increasing. Of course, whether it can go as hoped depends on Bitcoin's actual performance in the next few days.
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Bitcoin's recent surge has been truly fierce, and many people are starting to reflect on the pace. Some traders made a short decision at the 95406 level, with a liquidation line set at 96705, holding a single position of 408260U. Such heavy position operations do carry risks, but their logic is: aiming for 89000, believing that the correction space is sufficient to digest this wave of gains. This kind of betting reflects the market's cautious attitude towards short-term highs—some believe that this level has already overextended the positive factors, and more cautious traders are increasing. Of course, whether it can go as hoped depends on Bitcoin's actual performance in the next few days.