$BTC 66,000 chasing longs got trapped again? Old Zhang shouts: Keep holding the position, and the next one to get liquidated will be you!

The most toxic phrase in the crypto world isn’t “the market will go up again,” but “I’ll hold on a little longer.”

Last night, the new Federal Reserve Chair Waller made his first move, directly dropping Bitcoin from 66,000 to 63,660! Although there was no rate hike, he announced “inflation is far above 2%,” and also cut back on the forward guidance previously given to the market. In plain terms, don’t expect to guess the Fed’s intentions and trade accordingly; they could hike rates at any time.

Once the news broke, BTC instantly fell below 64,000, with the entire network experiencing liquidations of $140 million. Brothers who were chasing longs above 66,000, are you feeling cold now?

Old Zhang gives you a honest truth: Holding below 64,000 is like slow suicide. The Bhutan government just dumped another 533 BTC into the market, whales are selling, retail investors are panicking, and 66,000-74,000 are all trapped orders. If panic spreads, the next stop could be 62,000 or even 60,000.

What should you do now? Keep holding and wait for liquidation? Or cut your losses and hit the floor? Neither is right! You need to actively unwind your position, based on your leverage and holdings. Don’t hold blindly; in the end, all you’ll have left are tears.

Follow Old Zhang, remember: Holding a position isn’t heroism; staying alive is the real skill!

#我的Gate交易时刻 #预测世界杯加拿大VS卡塔尔
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