# 周末行情站队

70
$74,000 Gambling on a Pullback, Why Do I Still Dare to Go Short?
@Gate Square Weekend Market I Stand "📉 Pullback and Decline". BTC has currently dropped to $74,000, and I chose to open a short position here to gamble on a pullback. My reasons are as follows:
1. Key Resistance Level
$74,000 is the "last defense line for bears" mentioned by multiple analysts previously, and also a major stop-loss level for many short positions. This position sees the most intense long-short battle, making it prone to sudden pullbacks.
2. Short Squeeze Near Completion
This rally was mainly driven by overcrowded
BTC1,12%
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