While scrolling through the Discover section on Binance Square, I noticed a lot of posts claiming:
š āIf $BTC hits $116K, nearly $2.78B in short positions could be liquidated!ā
Yes, thatās true ā but hereās the real question: who exactly is holding those long positions? š
Remember, when thereās a trap, the market often shows you what it wants you to see. Smart traders should also think in the opposite direction to compare and understand the bigger picture. š
Hereās my observation:
š Bitcoinās chart is still looking bearish across almost all time frames. This could be nothing more than a classic setup to trap small traders.
ā If #Bitcoin stays under the trendline, my downside target is around $117,150 ā harsh, but realistic.
Why? Because in crypto, a solid correction is often necessary to clear the path for stronger upward moves.

So my advice is simple:
š Donāt trade based on your own emotions.
š Instead, study and understand the marketās emotions. šā
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$BTC
