62,500 has once again become a resistance level. After yesterday’s pullback reached this position, the price rebounded and rose again, which was also expected. Yesterday, I reminded everyone to focus on the breakout of 62,500 during the short-term pullback; once it breaks down, we can look toward the target of 62,000. This is exactly the market feedback we received. For those who have followed the recent strategy, let’s manage our positions in batches and avoid stubbornly holding on. After bottoming out, the market is still following a normal rebound-and-repair pattern. Market sentiment remains caught in a tug-of-war. The current market feedback is a test of 63,000, and in the short term, the market will likely present a range-bound structure. Therefore, in terms of positioning, we can focus on the range-bound pattern and follow the trend by taking short positions. Keep an eye on the target around 62,500. This week’s bullish move in sndk unfolded as expected. For the long positions around 1,200 opened earlier, we can consider taking partial profits at this stage. Market momentum is about to drop to zero over the weekend, so avoid being caught by a market reversal next week. #GateLaunchpool瓜分141万枚DOS $BTC ‌

This afternoon, a new friend successfully took profit and closed their BTC short at 64315, pocketing 3638 USDT on the trade. This short captured 1213 points of downside; take profits when the time is right—I never doubted it from the moment of entry. A hundred times better than blindly trading on your own—that's the point. $BTC

$BTC My current market thesis... We're currently testing the FVG imbalance between $63.2k and $62.8k. At the moment, we're respecting the range as price has not closed below it. If we see a small rally higher off the FVG, my first AOI is the order block between $63.9k and $63.5k. From there, I'll be looking for a retracement back down toward the monthly low. However, if we see a continuation through this weak order block, my next AOI is zone 2 around the $65k region. This will tell us exactly what's going to happen over the next month or so. If we respect this range, we could see another elevator move lower. If we break the monthly high, my next target is $67k.