Recently, the crypto world has been saying that the bull run has ended, and Bitcoin is expected to reach 88,000, or even 74,000. A massive amount of short orders has accumulated at the upper end of the market. When most people think this way, it is highly likely that the price will not reach those levels, and there will be another price drop long wick candle, with the points around 90,000, maybe 89,800, or maybe 90,200, and in an ideal scenario, it might just reach 92,000. Many people have left enough bullets to place open orders at 88,000, but the market is unlikely to fulfill the retail investors' wishes! You won't be able to buy at the lowest, just gradually buy spot!

Conspiracy theory: Short orders are controlled by the big players. When you say this, it indicates that you have not truly entered the deeper circles. The crypto world is currently growing wildly, and the biggest players do not need to open short and long orders; they only need to strike precisely. It doesn’t matter whether you are a whale with hundreds of millions of dollars or tens of billions; the big players have countless coins and USDT. When one side of the market has an overwhelming amount, it will definitely be slaughtered. In the crypto world, this has been the case for almost the past 10 years without exception. According to everyone's understanding, are hundreds of millions or billions of dollars considered whales or big players? What kind of execution ability can coordinate all whales to operate in the same direction? The only explanation is that these whales are also being slaughtered lambs. Isn’t Mahji also a whale? Why is he excluded and constantly being liquidated? Aren’t the big whales behind the scenes also being targeted? This can only indicate that those operating this market are much larger than the big whales!
The establishment of a contract market by the exchange indicates one thing: counterparties. Without counterparties, transactions cannot be completed. When everyone opens a short order, it corresponds to the same number of long orders being opened. There are several roles for this long order:
1. Opponents.
2. Market makers, their trading logic is to earn the small difference between sell orders and buy orders, not to make money from opening long or short positions.
3. The exchange's own data, this data will never be liquidated and can be set infinitely!
The exchange has unlimited Bitcoin and U, and most of the money from liquidations belongs to the exchange. If you had unlimited coins and U, would you harvest? Some say: exchanges cannot all operate together, but let me tell you: no need to cooperate, just one influential exchange is enough, and the others will all be leveled out. Most of the liquidations will belong to them, and all exchanges will default to support this. Every major harvest starts from a certain exchange, including the events on the 10th and 11th due to a certain security.
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