Song Xiqing: Dancing with War Sentiment: Be Patient Before 65.6K.

War events are about to happen again.

The upward structure is intact, and the overall trend remains bullish.

On the upside, I am waiting for the price to sweep to 65.6k. Once there, it will likely form a lower high—this is my subjective judgment and the move I most want to see.

On the downside, I am watching two levels:
The first is 60.5k, where liquidity exists; if we reach there, it should give a decent bounce;
The second is 58.5k, which is the last line of defense for the bulls. If this level is broken through on a closing basis, don't fantasize about any support, just look directly toward the new low abyss of 54–55k.

But in terms of priority, I still prefer to see 65.6k first. Why? Because reaching that level allows the war narrative to fully ferment, and the battle between longs and shorts will be clearer. At that point, I will look for opportunities to set up a swing short, with the two support levels below as ready-made take-profit targets.

In summary: No judgment now, just wait for the level.

Going up to 65.6k and then shorting is the highest-probability move at the moment—not only does it align with the technical structure, but it also resonates with the market's risk-off sentiment. It's a tailwind trade; why not take it?
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