$BTC Regarding the crypto market, everything we discussed over the past few weeks has played out perfectly. We anticipated a local bottom in the low 60K area, followed by a rally to our macro resistance zone of 80K-72K, where a lower high would likely form and encounter rejection at the 75K bear flag range high, causing BTC to reject and decline sharply from there. BTC is now trading at the low point of this flag range, and a potential breakdown would lead to extreme volatility over the coming weeks, with targets potentially closer to our long-term accumulation zone. We mapped out this scenario weeks ago, and USDT dominance and Total3 follow the same pattern—they are also responding from bull flag and bear flag range highs respectively. USDT dominance has grown from the 7.30% area and is now at the bull flag range high. It is not appropriate to take short positions until this level is breached. A breakout of this flag would lead to new highs in the index, which aligns with our expectations over the past several months.

Total3 also encountered rejection from the 755B area, which is a clean bearish retest. In this decline, altcoins dropped 15% to 20%. This index is also trading at the bear flag range low, with a breakdown pending. Losing this area would open the path for a drop below 600B, which would lead to altcoins declining another 30%-40% over the coming weeks. For new short positions, it is appropriate to wait for a modest rally in the index or enter on a bearish retest after a confirmed breakdown.#加密行情震荡