Shorts’ city massacre moment! The 63,500 ambush circle is already laid out—longs, fasten your seatbelts.

Wangge’s view: Bitcoin’s rebound is only a fleeting flicker—63,500 is the real iron top. Yen rate hikes + geopolitical crisis, liquidity draining nonstop. Short positions keep getting harvested—longs, don’t catch flying knives.

Last night, the short position above 63,000 took another big profit. Picking up this money was completely without suspense. The yen rate hikes aren’t over yet. At the June meeting, a bunch of committee members are shouting “continue to hike,” and interest rates are rushing toward 2%, causing global borrowing costs to skyrocket. With the Strait of Hormuz blocked, 1,200 ships are stuck, oil prices surge, and the US dollar becomes a safe haven—risk assets? Toss them first, before anything else. Is the bad news all used up? Not even close.

The market chart is more honest. In 1 hour, the BOLL bands are closing; the candlesticks bounce up to 62,800. The MACD golden cross is soft and weak, and the RSI is only 62—there’s no strength behind the rebound. The 63,500 upper band presses down on the daily middle line, and 63,430 is like a steel plate. The daily momentum bars are shortening, and the RSI is 44—weakness is clearly and unmistakably shown. Reaching the resistance level is the best entry point for short positions.

The liquidation map is the most painful—shorts piled up above 63,500, and the longs’ little bit of manpower gets shattered with one slap. With insufficient liquidity, what are you going to use to push?

Operations are clean and decisive: for the aggressive crowd, short directly near 63,500. No greed, no holding on—make your profit and run. The big trend is downward, and rebounds are basically just “sending money” away.

The market is always right, but the money is yours. At this level, I plant my shorts’ banner firmly. What do you think? Show your positions in the comments.

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