💥Stop chasing the market with the fantasy of bottom-fishing $BTC and bounce trading! The zone above is packed with trapped longs waiting to escape—chasing longs is jumping into a pit!

Brothers,
With BTC descending step by step from 64,000, it ultimately failed to stabilize and rise. Coupled with the recent conflict at the strait, the situation has worsened, turning what was a pattern of consecutive bullish catch-up back into consolidation.

Currently, the short-term rebound is facing resistance again, and the trend hasn't reversed yet. Above, 64,500–65,000 has accumulated massive selling pressure from trapped holders looking to exit. Now the key is whether support at 61,000 can hold. If no institutions step in to provide support below, the downside bias becomes more likely.

Nannan's personal suggestion: Short at 62,800–63,000, target around 61,500.