While scrolling through the Discover section on Binance Square, I noticed a lot of posts claiming:

šŸ‘‰ ā€œIf $BTC hits $116K, nearly $2.78B in short positions could be liquidated!ā€

Yes, that’s true — but here’s the real question: who exactly is holding those long positions? šŸ™ƒ

Remember, when there’s 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. šŸ˜‰

Here’s my observation:

šŸ“‰ Bitcoin’s chart is still looking bearish across almost all time frames. This could be nothing more than a classic setup to trap small traders.

⚠ If #Bitcoin stays under the trendline, my downside target is around $117,150 — 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:

šŸ‘‰ Don’t trade based on your own emotions.

šŸ‘‰ Instead, study and understand the market’s emotions. šŸ„āœŒ

#writetoearn #TrendingTopicChallenge
$BTC

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