I think many people have misread this BTC decline.

The market is not turning bearish.

The market is shaking people out.

Recently, many people in the DMs have been asking me, "Should I run now?"

I actually think that those who really should have run are already long gone.

What's left are either long-term capital or people ready to catch the falling knife.

Why?

Because this sell-off has no real negative news behind it.

ETF outflows, a stronger dollar, U.S. stock corrections—these are just triggers.

What really drove BTC down was leverage.

A large number of high-leverage longs were liquidated consecutively, the market went into a cascade, and prices naturally accelerated downward.

But if you look closely at the charts.

Every sharp drop has someone buying.

And it's not retail.

Retail only gets more scared as prices fall.

Those who dare to buy into panic have always been institutions.

That's why I've been repeating one point.

Don't trade against price; trade against capital flow.

Right now, I'm watching two key zones.

The first zone: around $60,000.

This is only suitable for a test position, not a heavy one.

Because this level is more of an emotional support, not a trend support.

Real big money won't dump all their ammo just because of a round number.

The second zone: around $58,000.

If it drops here, I'll start adding seriously.

Because this isn't just an important accumulation zone for this correction; it's also the point where market sentiment is most likely to break down.

The more people start shouting "bear market,"

The more it signals that opportunity is approaching.

Many people like to predict the exact bottom.

But professional traders never do that.

Because there's only one exact bottom.

But there can be many profitable entry points.

So my strategy hasn't changed.

Start taking the first tranche near $60,000.

Continue adding near $58,000.

If it really breaks below $55,000, I won't panic—I'll just prepare my final bullet.

The market never rallies early just because you're in a hurry to make money.

Real big moves only start after everyone has lost patience.

Remember this sentence.

The biggest profits in a bull run aren't made when prices break out—they're made when no one believes in buying.
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#BTC下探60000美元关键关口