Two-week low, $300 million worth of long positions were liquidated, and the market is filled with panic narratives—yet this is precisely the moment worth considering a contrarian view.

$BTC's decline around 65,600 is essentially an emotional sell-off driven by macro pressure narratives, rather than structural collapse. Note: Brazil's legislation to include confiscated crypto assets in the public safety fund precisely indicates that sovereign institutions are institutionalizing $BTC, rather than abandoning it.

A wave of liquidations is often the last drop before a trend reversal. When everyone is shouting "macro pressure," smart money is usually quietly building positions.

Short-term bearish sentiment is overheated, and in the medium term, I tend to be bullish—if the support level holds in the range of 63,000 to 64,000, a rebound window will open.

#Bitcoin #BuyTheFear #CryptoContrarianView