I read this segment from Big Shot Rancher three times today.

At 12:00 the market closed; BTC couldn’t even hold above 63,500, and the rebound strength is weak. Weak is more alarming than falling.
But he didn’t completely block the road. The 63,000-62,400 zone is a fairly solid support band—going long has a foundation, but the process is grinding. After the 4-hour indicators are in place and the trend turns, bulls can take the upper hand.
The most interesting part is the last line—he said that taking longs from this position is, in essence, licking blood at the edge of a blade.
Some people hear “support band” and rush in; others hear “licking blood at the edge of a blade” and run. Big Shot Rancher is good at putting both voices in front of you—you choose.
If I’m choosing, the chamber is loaded; the safety isn’t on.