In the past 24 hours, BTC ruthlessly broke through the key 69K support level with a decline of over 8%. The most heartbreaking part is that the CME gap (79.4K-81K) was just filled when a sharp sell-off occurred—this is not only a technical breakdown but also a classic liquidity trap.


Standing at the current moment, the market trend for the next 30-60 days is gradually becoming clear:
Even if there is a short-term rebound to 71K-72K, please remain cautious. The subsequent main downward wave is very likely to push the price toward 65K-63K, and even after breaking below 60K, it could sweep down to 55K—that would be the real golden pit for bottoming out.
The harsh reality is:
This is not the start of a new bull market, but a carefully laid "bull trap." Under the dual pressure of macro and capital factors, the downward minimum resistance channel has already opened.
I will continue to update you with frontline intelligence. In this market full of temptations, preserving your principal is more important than anything else. Don’t be the bag-holder; we stay steady and cautious. $BTC
BTC-3.5%
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WhitePaperResurgenceTheWhite
· 40m ago
Amazing, my trading strategy 🤣 hahaha awesome, truly awesome
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