On the eve of the crash! This bullish candle is a "bullish gravestone," $58,000 is bound to break!



Da Wan's View: A rebound is bait, and selling off is the main theme. Bears have laid a dragnet, waiting only to harvest liquidity. $BTC

The Truth of the K-line: Dead cat bounce, not a reversal
Two consecutive bullish daily candles, with shrinking volume, no momentum, and no sustainability. MACD entangled below the zero line, a golden cross is difficult to form—this is not stabilization, but a classic prelude to a continuation pattern.
Liquidation Map: A two-sided kill, first short-squeeze then long-bury
60300-60600 is piled with short stop-losses. The big players' usual trick is a "spike to lure bulls" to wipe out shorts, then turn around to slaughter the dense long pile below 58,000. Once it pierces, liquidations will cascade, causing a waterfall acceleration.

Capital Undercurrents: Institutions are fleeing, ETFs are selling
Spot CVD has been declining for days, with large buy orders absent. ETF cumulative net outflow in June reached $4.4 billion, historically rare. Without real money backing, the bullish candle is a paper flag.

Doudou's Trading Advice:
Around 60,000, short with eyes closed
58,000 is not the bottom, but the starting line for the next leg. Clear out long leverage, wait for the bloody chips after the stampede—that's our prey.
The storm is already on its way. Are you ready to catch a falling knife, or will you wait until the bloodbath is over before entering? The market will give you the answer soon.
#Gate完成141只股票股息派发
BTC-1.23%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned