$BTC BTC Daily Market Quick Analysis

Over the past 24 hours, liquidation data:

According to CoinGlass, a total of 92,821 traders were liquidated, with a total liquidation amount reaching 296.23 million USD (of which long positions accounted for 85% and short positions for 15%). The bulls were precisely harvested, as expected.

Market Analysis:

Due to the oil crisis and the situation in Iran, the market is orderly declining. There are no surprises; it completely aligns with our previous script. The market is expected to first dip into the 63,000 USD range, followed by a final wave of selling down to 60,000 USD, completely ending this grinding consolidation phase.

Future Outlook:

The real main event is yet to come. I am optimistic that after the price touches 60,000 USD, it will strongly rebound back to the upper edge of this large range. The market is currently in an extremely grinding phase, with indecisive players gradually being washed out. I remain calm, just sitting on the wall watching the play, waiting for the outcome of this contest.

Wishing everyone a pleasant weekend, maintain a good mindset, and protect your capital!