BTC directly broke the structure after “losing the key level 🔥,” and liquidation volume across the entire network keeps surging. Key price levels are sorted out clearly:

1. 650 level: Once it holds, short-sellers’ leverage will be swept collectively

2. 641: The first support in the short term—just barely managed to hold a moment ago

3. 638: If this level is lost, it will trigger a chain-reaction liquidation cascade

4. 615: The final critical line of defense—after a breakdown, the outlook will turn significantly weaker

Ahead of the weekend, trading volume was already sluggish, yet it still saw violent volatility. This clearly indicates that large funds may have moved in advance to position themselves. There’s a lot of hidden information asymmetry in the market—so be extremely cautious with your trades.