Former multi-head beliefs shattered into pieces with each downward candlestick. The Bitcoin price plummeted from over 79,000 to around 76,000, Bollinger bands broke below the lower band, indicators are all empty, funds are fleeing, and long positions are being liquidated. The market never talks about sentiment; it only talks about trends. Now, short positions are the only answer. The current market is in a clear downtrend; do not easily buy the dip and catch falling knives. Going with the trend and shorting is the best solution in the current market. All operations should strictly include stop-losses, control position sizes, and avoid unnecessary losses caused by emotional trading.

BTC-0.6%
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