$BTC Why do I keep emphasizing that the 58,300 level has something going on?

Everyone can open the K-line chart and take a look to understand—this level has already seen capital support more than once.

However, after the pullback to 58,300 yesterday, it didn’t surge violently back to the area near 60,000 like it did in previous times. This is something to pay attention to. It’s not impossible that the buying pressure in this zone has already been consumed a lot. If it retests again later, the support strength may gradually weaken.

So at this stage, I won’t rush to chase a short.

For shorting, I’ll still patiently wait for the price to rebound to around 60,800 before considering how to plan the entry. A good entry can produce a good risk-reward ratio—there’s no need to keep going back and forth in the middle range.