#数字货币市场回调 The recent trend is quite interesting. Looking at the data, short positions have been hit hard in a short time—$84,900 in short orders got liquidated within 1 hour, while long orders only amounted to $3,877. What does this 22:1 ratio indicate? Those who are shorting are being educated by the market.

The funding aspect is also speaking. AI monitoring shows multiple abnormal inflow signals within 24 hours, with actions occurring simultaneously in both the spot and futures markets. On KuCoin, 70.1% of the positions are long positions, while Bitmex is even more exaggerated at 72.6%. The professional traders on these platforms have expressed their positions through their trades.

The technical indicators are quite well-aligned: the RSI is at 69.39, which is still a healthy strong zone; the MACD golden cross continues to move upward; from a price structure perspective, the ascending channel remains quite intact. When several dimensions are layered together, the bullish logic indeed holds more weight.

If you want to operate, my personal view is as follows:

Around $875, you can consider entering the market in batches, which is a relatively safe area. If you want to be more aggressive, you can also try a lighter position in the range of $878-$885, and add more if there's a pullback. But no matter how you play it, the line at $834 must be held — breaking below it means there's a problem with the trend, and it's time to leave.

Looking up, the first target is $895.24 (previous high), and after breaking through, you can target $915 and $926.

In simple terms, when both the capital flow and liquidation data point in the same direction, the market sentiment is already very clear. The remaining issue is about executing discipline—don’t hesitate when it’s time to enter, and don’t be soft-hearted when it’s time to cut losses. After all, trading is all about probability and execution.