This $BTC long position was stopped out very decisively. The previous position of $70,016 has already been wiped out by the market, resulting in a loss of over $5 million. Large funds are willing to try again around 67,000, indicating that there are buyers interested at that level, but the stop-loss being triggered also suggests that this correction is not over yet. In the short term, $BTC is showing a somewhat tense sentiment; chasing longs is less advisable than seeing if it can hold steady.

BTC0,8%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin