Brothers who got in early with $BTC short positions should know that I have already warned about the risk of this decline. Currently, the maximum profit is close to 6 times, indicating that the direction is correct.

On the news front, recent market concerns about the macro environment have increased, and funds are generally cautious. On-chain data shows signs of increased net inflows into exchanges, with large capital risk appetite decreasing.

The technical side is simpler.

Breaking below the moving average.

Breaking below support.

Volume-driven decline.

When these three conditions occur simultaneously, I won't easily go long.

What should friends who missed the entry do?

Wait for a rebound.

Start paying attention around 72,300.

Focus on strategic positioning around 73,000.

Profit-taking references:

71,000.

70,000.

68,500.

Extreme target 67,000.

Extreme stop loss 74,400.

Friends who already hold short positions can gradually move their stop-loss down to protect profits.

At this stage, don’t rush to bottom fish. Until the trend changes, following the trend is the safest trading method.

Brothers who missed the entry, don’t rush to bottom fish. Wait for my next signal! $ETH $HYPE