Before the pump, I just posted on x, saying that the liquidation heat map for 1 day shows that the strongest liquidation of short orders reached 98550, and it just dropped here. And from the liquidation heat map for 3 days, there are intensive large short order liquidations between 99100-99700. When it retests 10w for the second time, these short orders will all be liquidated. Tomorrow is the last day of the month, 11.1 is Sunday, no market. 11.2-11.3 is Tuesday, generally bullish, 11.4 is the Fed's Wedge Book, usually a time point to bottom out, fall a bit and then start the next one-way pump market in December.
Currently, the nearest resistance is 98800, and 100,000 is within reach. The range of 96600-97700 was only tested for two days before breaking through and stabilizing. The current support has moved up to around 97150, and you can enter long or Margin Replenishment by pulling back to 97777 or 97300. At least 30% of the Position should be left to take profit at 99100-99700.
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Before the pump, I just posted on x, saying that the liquidation heat map for 1 day shows that the strongest liquidation of short orders reached 98550, and it just dropped here. And from the liquidation heat map for 3 days, there are intensive large short order liquidations between 99100-99700. When it retests 10w for the second time, these short orders will all be liquidated. Tomorrow is the last day of the month, 11.1 is Sunday, no market. 11.2-11.3 is Tuesday, generally bullish, 11.4 is the Fed's Wedge Book, usually a time point to bottom out, fall a bit and then start the next one-way pump market in December.
Currently, the nearest resistance is 98800, and 100,000 is within reach. The range of 96600-97700 was only tested for two days before breaking through and stabilizing. The current support has moved up to around 97150, and you can enter long or Margin Replenishment by pulling back to 97777 or 97300. At least 30% of the Position should be left to take profit at 99100-99700.