I noticed a small detail in the $BTC liquidation data: $8.3154K in longs were wiped near $62,995.6. The number is not large, but the location matters. It shows leverage was sitting around $63K, and even a modest move was enough to force some traders out. That can be healthy if BTC holds above the area and weak leverage gets cleared. But if price loses $63K, more liquidations could follow. For me, the key question is simple: was this just leverage cleanup, or the start of a deeper flush?#GateTop1GrowthInJuly #SandiskSurges14%OnNewFinancialFramework

$BTC keeps getting rejected at intermediate resistance and remains stuck in a range. The weekly close could set the tone for the next short-term move. Eyes on the breakout or rejection. #GateLaunchpool141MDOS

62,500 has once again become a resistance level. After yesterday’s pullback reached this position, the price rebounded and rose again, which was also expected. Yesterday, I reminded everyone to focus on the breakout of 62,500 during the short-term pullback; once it breaks down, we can look toward the target of 62,000. This is exactly the market feedback we received. For those who have followed the recent strategy, let’s manage our positions in batches and avoid stubbornly holding on. After bottoming out, the market is still following a normal rebound-and-repair pattern. Market sentiment remains caught in a tug-of-war. The current market feedback is a test of 63,000, and in the short term, the market will likely present a range-bound structure. Therefore, in terms of positioning, we can focus on the range-bound pattern and follow the trend by taking short positions. Keep an eye on the target around 62,500. This week’s bullish move in sndk unfolded as expected. For the long positions around 1,200 opened earlier, we can consider taking partial profits at this stage. Market momentum is about to drop to zero over the weekend, so avoid being caught by a market reversal next week. #GateLaunchpool瓜分141万枚DOS $BTC ‌