Open interest quietly climbed from 99,100 to 100,386, while the price sat still. Some bears regrouped above 61,000, while the bulls are still dreaming of a rebound.
After the 62,400 level shattered yesterday, the highest the price could rebound was just 62,253 before it fizzled out. Subsequently, there were 10 consecutive hourly candlesticks with lower highs: 62,253 → 61,947 → 61,535 → 61,399, with the bears not even giving a moment's rest. This isn't just consolidation; it's a slow knife cutting through the flesh under controlled pressure.
The hunting path remains unchanged: the low of 60,755 from yesterday is merely a waypoint, while the deep liquidity below 59,080 is what the big players are really after. Right now, the 61,000-62,000 range is the warehouse for distributing their supply, with every weak rebound being an opportunity to short.
The active selling pressure accumulated a net sell of -7,343 BTC over the last 24 hours, with a net sell of -802 in just one hour at 2 AM, not even sparing the Asian session. Buyers are completely flat, showing no significant resistance.
1-hour strategy (primary short, secondary long)
Short position:
Entry: 61,600-61,800, 2% position
Add-on: 62,000-62,200, 3% position
Unified stop loss: 62,500
Target: 60,300-59,700
Long position (very light, quick in and out):
Entry: 60,000-60,200
Stop loss: 59,600
Target: 61,000-61,500
Backup strategy: If the price doesn't bounce and directly breaks 61,000, enter the short within the 60,800-61,000 range, with a stop loss at 61,400 and a target of 59,500, yielding a risk-reward ratio of 1:3.2. In a bear market, the decline often doesn't even give a second glance back; if it doesn't offer a chance to hop on, just chase it down.
The rebound is dead; 62,253 is all the bears left as an inheritance for the bulls. The only question now is: will 60,755 break first, or will there be a false bounce before that? #美伊军队交火霍尔木兹和谈受阻 $BTC
After the 62,400 level shattered yesterday, the highest the price could rebound was just 62,253 before it fizzled out. Subsequently, there were 10 consecutive hourly candlesticks with lower highs: 62,253 → 61,947 → 61,535 → 61,399, with the bears not even giving a moment's rest. This isn't just consolidation; it's a slow knife cutting through the flesh under controlled pressure.
The hunting path remains unchanged: the low of 60,755 from yesterday is merely a waypoint, while the deep liquidity below 59,080 is what the big players are really after. Right now, the 61,000-62,000 range is the warehouse for distributing their supply, with every weak rebound being an opportunity to short.
The active selling pressure accumulated a net sell of -7,343 BTC over the last 24 hours, with a net sell of -802 in just one hour at 2 AM, not even sparing the Asian session. Buyers are completely flat, showing no significant resistance.
1-hour strategy (primary short, secondary long)
Short position:
Entry: 61,600-61,800, 2% position
Add-on: 62,000-62,200, 3% position
Unified stop loss: 62,500
Target: 60,300-59,700
Long position (very light, quick in and out):
Entry: 60,000-60,200
Stop loss: 59,600
Target: 61,000-61,500
Backup strategy: If the price doesn't bounce and directly breaks 61,000, enter the short within the 60,800-61,000 range, with a stop loss at 61,400 and a target of 59,500, yielding a risk-reward ratio of 1:3.2. In a bear market, the decline often doesn't even give a second glance back; if it doesn't offer a chance to hop on, just chase it down.
The rebound is dead; 62,253 is all the bears left as an inheritance for the bulls. The only question now is: will 60,755 break first, or will there be a false bounce before that? #美伊军队交火霍尔木兹和谈受阻 $BTC