Now looking at $BTC this deal, the rhythm is starting to become more monotonous.

Fewer people are daring to try above, while below seems to be dragged down by something, gradually sinking.

Unrealized gains are not exaggerated, but the movement is very smooth. When opening the position, I just felt the structure was a bit偏, I didn't expect the market to slowly amplify this "偏" on its own.

It's not rushing, but very persistent; each sweep of the market is easier than the last.

The position itself isn't large, but the placement is quite strategic. Looking back now, there's a feeling of lightness—what you thought might be possible at the time was just gradually realized by the market step by step.

The most obvious thing at this stage isn't volatility, but rhythm. No emotional proof of direction, but time has made the decision.

$BTC has already fallen more than 5 points, with the price fluctuating around 62,600, and emotionally, it's starting to become a bit hard to hold.

It's not the kind of excitement that explodes at first glance, but the kind that slowly pushes upward; you won't stare at it all the time, but each glance makes you feel more at ease than the last.

At this level, if there's no volume smashing through below, the sentiment will only tighten more and more.

As for STRCO, the preferred stock STRC under Strategy has already fallen to its IPO low of $89, with an effective yield reaching 12.9%.

The company responded that selling $BTC can pay 32 years of dividends, and Jiang Zhuoer directly said this is basically selling coins to pay interest. The market is now seriously questioning how long their financing structure, relying on $BTC to support, can last.

Once this line is crossed, it will not only affect STRC but will also reprice the entire market's narrative of "selling $BTC to pay off debt."

Funds will become more cautious, especially those derivatives and liquidity pools backed by $BTC assets, which may first be voted out by the market. #我的Gate交易时刻 #沃什首秀美联储利率不变 #TradFiCFD黄金大师赛