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Jiang Zhuoer: Bitcoin may pull back after liquidating chips above $76,000, maintaining a full position in Bitcoin short orders + Ethereum spot holdings.

BlockBeats news, September 13: Jiang Zhuoer, founder of LEBIT Mining Pool (B.TOP), stated that the most likely scenario for Bitcoin is to first sweep the high liquidation zone at 76k, with ETH simultaneously testing liquidations near 2665, wiping out shorts in the upper high-liquidation zone. After sweeping 76k, there are two possible follow-up scenarios:


a. If it stops falling and rebounds before 75k, then it is more likely to rise back to 80k, or even touch the high resistance zone of 83~84k, and then begin a major correction;

b. If it effectively breaks below 75k, then it will trigger the correction corresponding to the original rise from 64k, expected to reach 70~72k, and then enter the next phase of the bull market.


Jiang Zhuoer believes that next week's bill vote and Federal Reserve news could become key catalysts, so he maintains a neutral position of full BTC shorts + full ETH spot.

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In the past 24 hours, the entire network has liquidated about 767 million US dollars, of which long orders have liquidated 658 million US dollars and short orders have liquidated 108 million US dollars.
The decline continues, do you still dare to continue to buy at the bottom?
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