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#比特币2026年行情展望 $MERL this wave of market action is quite fierce. The volume surged and broke down directly, coupled with high open interest, clearly indicating that the bulls are being wiped out—this is not a healthy technical correction, but rather a liquidation stampede.
The trading opportunity appears to be as follows:
📌 Short strategy
📍 Entry range: 0.210～0.215
🛑 Stop loss set at 0.230 (if this line breaks, it indicates a structural reversal, exit the position)
🎯 First target: 0.185
🎯 Second target: 0.165
$MERL's decline vividly illustrates the issue—an unresisted plunge, over 10% drop accompanied by massive trading volume, with the underlying logic being liquidation triggers. The high-level open contracts became fuel for the decline, and buying momentum shows almost no signs of follow-through. Even when a rebound occurs on lower timeframes, it looks quite fragile. As long as the price remains firmly below 0.215, breaking downward through resistance is the least likely scenario—this is the most natural market movement at the moment.
Looking at this decline combined with huge volume, it's a typical liquidation and stampede pattern, nothing more to say.
If the 0.215 level can't hold, I’ll have to run directly.
The short position seems stable, but I'm just worried it will rebound at 0.2 and deceive me.
MERL's trend is really fierce, no one is taking the buy orders.
The bottom-fishers are probably all dead, I'll wait for 0.21 first.
If 0.23 isn't broken this time, it will continue to drop. The good show is still to come.
It's the same old routine of clearing out, always the same
If the 0.215 threshold isn't maintained, it will drop straight down, no suspense
The contract explosion hasn't stopped yet, and a new round is starting
However, such a massive decline is actually easier to bounce back from. Don't short too early.