This week, watching the market made people's hearts race, $BTC went from nearly 67,000 all the way down to just over 62,000, a full 5,000 points, just slipping down day by day.

It's not a crash; it's a dull knife cutting through flesh.

I originally thought 63,000 could hold, but today it broke straight through, like playing a game.

I opened a short position on $BTC with 50x leverage, entry price 64,800.
Just looked a moment ago, current price 63,304, floating profit still there, but I don’t feel at ease at all—at this kind of market, a rebound might only last a few minutes.

My position is still hanging, I don’t even dare blink.

When I entered, I thought, no chance of rate cuts anymore, the FOMC folks are hawkish and tough, so it’s no surprise it’s not falling.
But seeing it slide down from 67,292 step by step, I actually panicked.

It’s not about fearing losses; it’s about fearing I can’t handle this pace.
Five days, 5,000 points down, not even a decent rebound in between—this kind of downward slide is more torturous than a sharp drop.
I’m thinking, this key depends on what Powell says—FOMC isn’t cutting rates, nine members see a rate hike in the dot plot, and Waller even gave up forward guidance.
In plain language, the expectation of liquidity tightening is already set, risk assets are collectively getting hammered, gold can’t even hold up, let alone crypto.

Altcoins are even worse, the biggest gains are just ATM and BEL, with trading volumes only in the millions, which isn’t support at all.
I think in the short term, if the 62,000-63,000 range breaks again, the next move might head straight to 60,000.

Do you think $BTC can rebound back to 65,000, or will it break below 60,000 directly?
Share your thoughts in the comments—I want to see if anyone else is holding a short like me.

Everyone is saying this market is tough, but the real difficulty is that the impact of the FOMC shock hasn’t fully digested yet.

Earlier, overnight, the interest rate stayed unchanged, and the statement even removed the phrase “further rate adjustments,” which is a harsher signal than a rate cut—markets are re-pricing expectations of rate hikes.

In the next few days, $BTC and $ETH are likely to remain under pressure, and capital will continue to be drained from altcoins, with chain reactions from liquidations possibly just beginning.
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