$BTC Is the sharp decline just beginning? The second chance to buy at 62,000—do you dare to take it?

The market’s slap always first hits those who hesitate, then rewards those who understand the chart.

Yesterday you were afraid of the drop, today you start regretting not buying in—shorts at 63,000 have already been profitably closed. Don’t worry, around 62,000 is the second entry point; this wave, continue to short.

1. Technical analysis: Hourly chart confirms a breakdown, daily chart shows no bottom! Starting with the chart. 1-hour structure: price has broken below the BOLL lower band at 60,891, RSI has fallen to 29, entering the oversold zone but not stopping the decline. MACD death cross continues to expand, rebound strength is weak, and the bears are fully in control. Daily level: BOLL lower band has moved down to 57,063, RSI is only 22, extremely weak. Demand collapse combined with technical short setup has turned 62,000 from support into a new resistance wall.

2. Liquidation map: Long squeeze is happening. The 61,000–61,500 area is gathering a large amount of long positions, and after the recent drop below, it triggered a “longs killing longs” chain explosion. Currently, the short liquidation strength above 62,000 is very low, the main force has no intention of pulling the market up, and continuing to sweep out longs downward remains the high-probability path.

3. News sentiment: Iran issued tough words—safe haven? Not at all. Iran’s latest statement: they have attacked U.S. military bases, and if the U.S. continues hostility, they will “respond more severely.” Geopolitical risk suddenly heats up, but Bitcoin has not gained any safe-haven buying; instead, it continues to decline. The market does not buy into the “safe haven narrative,” and funds are accelerating to exit.

In terms of trading, there are two camps:
Aggressive: Short directly around 61,300–61,000
Conservative: Wait for a rebound to 61,800–62,000 before shorting

Remember one thing: in a bearish trend, don’t try to guess the bottom—every rebound is a ticket out for you, and a meat grinder for others.

The bearish feast is only in the first half. While most are still praying for a V-shaped reversal, the main force is already calculating the coordinates for the next liquidation wave.

Guess, can you hold the 60k tonight?