The drop in these four hours has been really fierce, like a knife cutting down, critical positions have all broken. The price is now hovering around 66500, looking like it has stabilized, but underneath there are actually many long positions with liquidation orders buried, which could explode at any moment. All previous support levels are gone, and every rebound is weak; instead, when it drops, the volume increases, which is not a good signal.

Looking at the liquidation distribution chart makes it clearer; the area from 66000 to 67000 is filled with positions that just got liquidated, and above 69000, there are still a bunch waiting to be liquidated. This means that any rebound could be smashed down. The overall environment is also bad, the external news is bearish, and even the funds from large institutions are fleeing.

If you still have positions in hand, you need to keep a close eye on the line at 66175. If the closing price truly breaks below that, don't hesitate, stop loss and get out first, don’t think about averaging down the cost; it might go down to 65000. Friends who are in cash shouldn't rush to catch the bottom; it's too dangerous to catch falling knives at this position. Even if you short, if you make a profit, you should quickly run away to prevent a sudden rebound.

Stop asking whether 65000 can hold; guessing the bottom is meaningless. Wait until the market has fully dropped, and no one dares to catch the bottom, then the opportunity will come. After a crash, there will definitely be a rebound opportunity, but you need to wait for the market to show a clear signal of stopping the decline. I will first organize some coins that have been more resilient or mistakenly sold off during this round of decline; friends who want to find opportunities together can chat. Remember, survive first, then think about how to recover. #特朗普缓和局势 #btc行情