
Pai X|Jul 11, 2025 11:28
CME BTC1! Create a high gap for jumping below
The gap price is around 114K
There is no inevitability in filling the gap or not, as we have seen in previous times
Just at certain stages of the market, it can have an impact on the short-term financial sentiment of the market
More often than not, we also need to look at the specific price trend to determine whether there is a short-term demand for a correction in the market
The current trend of Bitcoin has broken through the neck range of 110K-1122K mentioned in this tweet
https://(x.com)/PPai_Crypto/status/1943174354101281231
So in terms of short-term trends, one can either retrace to this range or make a decision on the next market segment through high-level consolidation
In short, the risk of chasing long positions at this stage is definitely high. If there is a pullback and consolidation that has not yet hit the market, you can consider taking a bite of the short-term rebound or the tail end market trend
For those without bottom chips, the market situation here will be very passive to grasp, so it is better to watch more and move less as much as possible
As someone who has been holding positions with me, there is no need to be too sensitive. I am not currently considering the options of reducing or clearing positions myself
Wait patiently for now ⌛ Opportunity
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