BTC is about to reach this critical level. How the market will react at that time really depends on the situation. But speaking of which, considering the recent large-scale liquidations and the impact of this round of CPI data, I think this resistance level will be broken sooner or later. What's really interesting is that this rally might become the most unpopular trend — many people are betting on the opposite direction. Honestly, if it continues like this, I might finally be able to shake off the label of being permanently bullish.

BTC0.71%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 3
  • Repost
  • Share
Comment
0/400
GateUser-7b078580vip
· 2025-12-18 19:50
Data shows that this wave of liquidations indeed reaches a historical high. Let's wait and see the specific numbers when the breakdown occurs... However, the rebound caused by miners consuming too much will eventually collapse.
View OriginalReply0
0xSoullessvip
· 2025-12-18 19:45
It's the same old story. Big funds have liquidated, and we're still here analyzing resistance levels. Laugh out loud. --- The bears all get wiped out, and the bulls don't get any good results either. This is what a democratic market looks like. --- Always bullish? We've been cut to the core long ago, now we can just talk nonsense. --- Break the level? Whether it breaks or not, our group of retail investors will all be buried together. --- When CPI data drops, everyone loses. This is called shared prosperity.
View OriginalReply0
GateUser-ccc36bc5vip
· 2025-12-18 19:32
Whether it can be broken or not is hard to say, but it's funny that a bunch of people are shorting 😂
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)