Deep Tide TechFlow News: On March 17, crypto analyst Willy Woo posted that the current fundamentals continue to show localized strength, with price upside opening to the mid-range of $80,000, a zone close to the cost base of short-term holders.
Willy Woo cautioned that this round of gains is primarily driven by futures markets, with participants mainly consisting of short-term buyers. This type of liquidity structure has inherent flaws that can easily trigger significant price fluctuations and trigger cascade liquidations. This rebound carries the risk of a bull trap, and the bottom structure has not yet been completed. From the current liquidity perspective, this bear market cycle is approximately one-third complete. Deep Tide TechFlow News, March 17.
Deep Tide TechFlow News: On March 17, crypto analyst Willy Woo posted that the current fundamentals continue to show localized strength, with price upside opening to the mid-range of $80,000, a zone close to the cost base of short-term holders.
Willy Woo cautioned that this round of gains is primarily driven by futures markets, with participants mainly consisting of short-term buyers. This type of liquidity structure has inherent flaws that can easily trigger significant price fluctuations and trigger cascade liquidations. This rebound carries the risk of a bull trap, and the bottom structure has not yet been completed. From the current liquidity perspective, this bear market cycle is approximately one-third complete. Deep Tide TechFlow News, March 17.