The current market conditions, if you're not careful, can easily sweep liquidity. Yesterday, I went short and then switched to long, just watching the market not to fall further. I've encountered this kind of market situation before, holding short positions and losing several times.

This time, I reversed and went long, but the lowest point liquidated my liquidity... It's a bit tough. Since returning from Hong Kong, my perception of the market has decreased. I don't know if it's because I've been browsing for a few days or because I call myself a gambling dog.

Currently, $BTC is still fluctuating in the 77k range. I personally think that the 80k level above is not so easy to fill the CME gap.

1. Altcoins have scarce liquidity; mainstream altcoins are not following up or down, and some low-market-cap coins are heavily controlled by market makers.

2. After $ASTEROID appeared on-chain, there was serious capital diversion, and no new narrative emerged.

At the current position, daily fluctuations of 1-2% make scalp trading difficult; it might just lead to stop-loss whipsaws, affecting the mentality. Bears are watching whether the 75.8k level will be tested again; if it breaks below, you can safely short. For longs, wait for a breakout above 77.4k.

As the monthly K-line approaches closing, liquidity will be repeatedly harvested. Intraday volatility can only be expected around the morning and evening near the US stock market opening times.