Bitcoin Plummets: Bulls Desperate, Bears See Opportunity—Is This Panic or Greed?

From a structural perspective, lower timeframes have completely weakened, having already broken below the previous low point, with the trend's center of gravity continuing to shift downward. Current support below is mainly concentrated around 668, with the overall market still dominated by bearish control.

On the short-term front, while the 15-minute timeframe shows signs of MACD rebound, the moving average suppression remains evident, with MA20 having dropped to 69000. With current price still trading around 6900, entering long positions prematurely carries high risk and is more likely to get caught in pullbacks within the rebound.

For BTC, we've maintained a consistent bearish view from 74000 all the way down, confidently looking to break through 70000, with market action confirming this in real-time. Next, breaking through 60000 is the real key level. The major trend remains bearish—on rebounds, short. Don't bottom-fish for now. Friday, we entered short positions at precise ambush points, immediately initiating a waterfall-like decline from 713, targeting 692; breaking below, watch 683. Saturday, we provided 707 at current price for shorts with the same target levels. Consistently and transparently public: short on rebounds. Late yesterday, we still publicly announced breaking the previous low. Is trading really that difficult? Identify the trend and trade one direction.

BTC Trading Recommendation: Short 69600-70100, Stop Loss 71100, Target 682; if broken, watch 675-668$BTC ‌$ETH ‌#加密行情震荡