Bitcoin falls below $68,000

This drop below 68000 is squeezing out the last bit of moisture. #比特币预测

HTX data shows that BTC has fallen below 68000, down 3.02% in the last 24 hours. A month ago, a 3% drop was considered volatility; today—30% of people on Polymarket bet on 65,000, and 2% on 80,000—this is a concentrated outpouring of panic. $BTC

But I want to tell you: the drop is for a better rise.

Let’s break it down into three points and look at the emotions from a different perspective:

First, who is selling? A 3% drop, who was blown out? Look at the on-chain data—mainly high-leverage long positions were liquidated, not the spot whales. Just a few hours ago, whale 0x4e6b withdrew 20,000 ETH from Binance. Retail investors are cutting losses, while whales are withdrawing funds. The sell side is leveraged positions, the buy side is real money.

Second, what position is 68000? It is the upper edge of the cost for institutions in the previous round of building positions, and also a gathering place for many liquidation orders. This step broke it, instead washing out the last floating chips. Mara sold 15,000 BTC, and the market caught it; bearish sentiment on Polymarket surged to 30%, and whales began to withdraw funds. The script has always been like this: panic selling occurs, and the main forces enter the market.

Third, what does a 3.02% drop bring? It brings a 2% bullish probability on Polymarket, and a chorus of “the bull has left” across the network. And we must remember: the market initiation always comes after the emotional freezing point. A 2% bullish probability is an extreme in reverse indicators and a standard for the eve of reversal.

The current strategy can be summed up in one sentence: don’t get washed out by this drop. #币安人生

For those holding BTC, hold steady. For those who haven't boarded, BTC around 68000 is your last chance to get on. Once this 30% panic selling is over and that 2% bullish sentiment reignites, the price will not be this number anymore.

Remember: bull markets often have sharp drops, while bear markets often have slow declines. This drop is sending away the last batch of wavering individuals.

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