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【$BTC Signal】All positions closed + Long liquidation followed by deep correction
$BTC shows a large-volume long bearish candle on the 4-hour chart, with the price dropping from 71k to 65k, resulting in a massive liquidation of long leverage. Negative funding rates and changes in open interest suggest market sentiment has shifted to panic. The current price is oscillating in a thin order zone, lacking strong buying support.
🎯 Direction: All positions closed
The price repeatedly tests the key support zone of 62k-65k, but the 4-hour candlestick bodies remain below the moving averages, indicating a weak rebound. Depth data shows selling pressure has not been fully released; the market needs time to digest panic sell-offs and rebuild liquidity. The current strategy should be cautious, waiting for a clear bottoming structure or a more favorable long entry signal.
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#Gate广场创作者新春激励
#Is the current market bottoming out or just waiting?