BTC faked breaking 72000! Above 70,000 is a graveyard for bulls, and the next focus is on this lifeline.
My personal opinion: The macro reality is harsh; don't talk about a halving bull market now. The current USD interest is 4.3%, and large funds are simply too scared to move. Institutions are locked in and not moving, while retail investors have been scared away, leaving only existing funds cutting each other off. A hard pull is just a bait to lure more buyers.
The liquidation chart doesn't lie; the blood-red area around 71000-72000 is evidence of all the people who chased high prices and got liquidated. This wave of selling is not a natural decline but a machine-triggered forced liquidation, and it's only just dropped to 69000; it’s not over yet.
My operational baseline:
68000 is the lifeline. If this level holds, we can still see fluctuations; once it breaks with volume, we look directly at 65000, and let's not talk about faith.
71000 is the threshold of death. As long as it rebounds to this area without volume, open a short position immediately; those who hesitate will take the losses.
Now is not the time to go all in; it’s a contest of who can hold back. Don’t be fooled by a single bullish candle; the macro conditions haven’t loosened, and BTC shouldn’t expect to move unidirectionally. Any rebound below 71000 is just trickery, and if it falls below 68000, surrender directly; keep some bullets in hand, and don’t rush to be a hero.
For the upcoming layout strategy, I will aim with my loyal followers at the opportunities for high profits in altcoins, targeting to double our positions, 进入聊天室 together.
