The short-term liquidity that has been flowing out for over half a month was finally liquidated this morning. However, around the 93600 level, there is still a continuous accumulation of short liquidity, which is a detail worth paying attention to.
There's an interesting aspect of this rally — the spot premium hasn't decreased despite the price breaking through. What does this indicate? The main driving force behind the upward movement is actually the continuous buying of spot USD, rather than leveraged longs speculating. From this perspective, the overall health of the market remains quite good.
As for the long liquidity below, it may be liquidated later or it might be closed out directly during the rebound. Regardless, I remain optimistic about a generally upward rebound next week and continue to hold a bullish outlook.
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RugpullAlertOfficer
· 01-07 06:28
The short sellers finally took a hit, but there are still quite a few mines piled up at 93600. Need to keep an eye on it.
Spot premium didn't drop; it actually rose? That indicates it's really the dollar absorbing the positions, not leveraged traders speculating.
Let's continue to look for bullish signals next week. How the bulls' liquidity moves will be discussed later.
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BuyHighSellLow
· 01-07 01:56
Short-term liquidity has been cleared, but there are still quite a few at 93,600, which is the key point.
USD spot is quietly buying in, and leveraged traders are just watching from the sidelines. This round is indeed different.
Continue to look bullish next week. Stay committed and hold on firmly.
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MissedTheBoat
· 01-05 16:50
The short position has finally been wiped out, and there are still gaps to fill at 93,600.
The fact that the spot premium hasn't decreased is indeed interesting, indicating that the USD spot is quietly absorbing the orders.
Continuing to look bullish next week; anyway, I've missed out for so long, I have to catch up this time.
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GateUser-91388443
· 01-04 11:02
Finally, the short positions have been slaughtered. Keep a close eye on 93,600.
The spot premium hasn't dropped, indicating that big funds are really buying, not small retail traders speculating. This wave feels comfortable.
Continue to look for bullishness next week.
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JustAnotherWallet
· 01-04 10:53
The shorts have finally been wiped out, so satisfying
That pile of orders at 93600 really needs to be watched, it feels like a wave could come at any time
The spot premium hasn't dropped, which is interesting, indicating that big funds are really accumulating, not leveraged traders speculating
It should continue to push higher next week
Wait, will the bullish liquidity also be eaten up?
Anyway, I still remain bullish, keep holding.
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TokenDustCollector
· 01-04 10:49
The short positions have finally been cleared, nice. But that pile of stuff at 93,600 is still twitching, gotta be careful.
The spot premium not dropping indicates that the real bagholders are in USD spot, not leveraged traders frantically speculating. The market still looks pretty good.
Let's keep a bullish outlook next week. The bulls' liquidity can move however it wants; anyway, I'm not in a rush to sell.
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WalletManager
· 01-04 10:48
The pile of short positions at 93,600 will eventually be cleared. The key now is that the spot premium hasn't dropped, indicating good fund quality. I need to remember this detail: while keeping private keys secure, I also need to monitor liquidity distribution.
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SnapshotBot
· 01-04 10:41
The 93,600 short liquidity pool is really a bit annoying; I need to keep an eye on it.
The spot premium didn't drop; instead, it indicates that the market is healthier, really not just leveraged traders hyping it up.
Let's go for a rebound next week; I still have my chips in hand.
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GasWaster
· 01-04 10:40
Dollar spot really being bought, this is the key, leverage guys stop messing around
That pile of shorts at 93600 feels like it won't be resolved easily and might repeat, need to watch closely
Liquidity is in good health, at least it's not a hype-driven rally, I agree with that
Next week looks promising, but there's also a good chance that the bullish liquidity will be cleared out, quick exit is the winner
Spot premium hasn't fallen but has instead stabilized, indicating real money is entering the market, this is the true confidence
I'm optimistic about the rebound, but don't be fooled by the 93600 level, it might be a trap again
If it weren't for the good health of the market, I would have been pessimistic long ago, this wave is quite interesting
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RektButSmiling
· 01-04 10:34
Huh? The spot premium hasn't dropped, this detail is really tough.
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That 93,600 level must be watched closely; the accumulation of shorts is a bit scary.
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The US dollar is continuously buying in; this is the true healthy trend, not the kind of reckless leverage trading.
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Next week continues upward? I think so too, anyway, holding on.
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Whether the bullish liquidity is cleared or taken profit, it feels like there's no escape—just see who runs faster.
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The shorts that lasted over half a month are finally dead; I felt good watching that this morning.
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I approve of the statement that the market health is good; unlike the previous false fire.
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What to do with the liquidity around 93,600? I'm a bit unsure.
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The spot premium idea is solid, indicating real money is entering the market.
The short-term liquidity that has been flowing out for over half a month was finally liquidated this morning. However, around the 93600 level, there is still a continuous accumulation of short liquidity, which is a detail worth paying attention to.
There's an interesting aspect of this rally — the spot premium hasn't decreased despite the price breaking through. What does this indicate? The main driving force behind the upward movement is actually the continuous buying of spot USD, rather than leveraged longs speculating. From this perspective, the overall health of the market remains quite good.
As for the long liquidity below, it may be liquidated later or it might be closed out directly during the rebound. Regardless, I remain optimistic about a generally upward rebound next week and continue to hold a bullish outlook.