Let me share some brief thoughts on the broader market. Let's start with what the liquidation chart is telling us.



$68,000 has accumulated the densest concentration of leveraged long stop-losses in recent weeks. The 4-hour timeframe has already broken below all moving average resistance, with rebounds showing extreme weakness. This is typically designed to attract left-side bottom-fishing capital into the market and fill the $68,000 gap even deeper.

My assessment:
1. First, a downward wick: Rapidly pierce through $68,000 to liquidate long positions.
2. Violent counter-rally: If we can quickly reclaim and close with volume around $67,500, that would be a perfect "short trap," with the target being the $72,000 short vacuum zone above.

Currently, either wait for $68,000 to break and reclaim to catch the long, or wait for $70,000 resistance to reject and short.
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