#Gate上线港股交易 The current trend is a typical "downtrend continuation" pattern. The whales completed a brief shakeout (or trap) in the 63,000-64,500 range, and are now testing support downward. If the bulls cannot hold the 62,200 level, it will be a series of "cascade liquidations" targeting high-leverage longs.

The 63,000 now is just halfway up the mountain; those chasing the 64,000 breakout above will be buried, as will those bottom-fishing at 62,000 below. Only when the market is completely hopeless will the whales truly start building positions. All rebounds are trap-based sell-offs, and bottom-fishing is at the halfway point. $BTC