BTC’s “pancake” setup is no longer being held. After trapping a large batch of retail traders above, it directly smashed down to the weekly support area near 6.2w, forming a large double bottom. However, the bottom structure still needs to trade sideways for horizontal consolidation to confirm. If 8w breaks, stop the short and take partial profits first. For bottom-fishing, wait quietly until the bottom structure appears before taking action.

BTC-5.51%
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