Is what I said accurate or not? You all get to decide.

I made a post yesterday specifically reminding everyone that because there are too many short positions, it's very likely the price will come down to around 72000 and then liquidate those shorters. Most people who rushed to short yesterday basically got liquidated, so when trading, you must be patient. Do you all know why there's a high probability it will come to 72000?

First, looking at the funding rates, they're massively negative, which proves too many people are shorting. Whales always eat the big and spit out the small, so no need to worry about that. Since there are so many people shorting, the whales won't let go until they've completely eaten up all these short positions. So the people who rushed to short during this process basically got taken out by the whales.

Second, there are so many resistance levels above: 70500, 70800, 71200, 71500, 71700, 72300 - basically every level here has people shorting and stop losses placed. Just one big bullish candle going up and all these people basically have to settle accounts...

Back to the charts, funding rates are already starting to turn positive. There's room for a pullback here. We shorted around 72000 and currently have about 1000 points of profit. However, we can't rule out any possibility because there's still a 72200 resistance level above. We can't rule out coming up to create a bearish divergence and then going back down, while also liquidating the stop losses at 72200. So shorters can exit in two batches - with over 1000 points of profit, you can take profits on one batch and use the remaining position to break even while betting on bigger profits. If it comes back up to create a divergence, open short again. As for whether it will go to 74000, we'll analyze that for everyone based on how 72000 performs.#易理华疑似转空2.7万枚ETH $BTC