BTC is going through a slow grind down, not a sudden crash

No pin/needle signal has been used to confirm the market has bottomed
Shorting at the resistance level offers a better cost-performance ratio
A sharp drop with a pin/needle insertion actually draws bottom-fishing traders
At present, it’s consolidating upward with no volume
A reduction in buy-side demand is not a healthy continuation of the uptrend
During the decline, there is no bullish divergence
The CVD funding line has not reversed
Only retail traders are making a small-scale attempt to buy the dip
There is a lack of rebound momentum
Funding rates continue to climb
The bulls keep adding leverage; once support is lost, the downside accelerates
Concentrated stop-losses will speed up the drop
US stocks—Nasdaq—are weakening
Bullish momentum is completely gone
In the short term, we continue to expect weakness with a slow grind down
Focus on the 76,000 support level
Breaking below it will very likely trigger a deep pullback
Emphasize: “Yitia” long positions should be used only for short-term trades
Resistance levels must be closed out or moved to breakeven to protect capital
Don’t be greedy.#btc #eth