【$BTC Signal】Empty position, waiting for downward momentum to exhaust

$BTC A volume breakout and head-cutting downward move appeared on the 4H timeframe, with the price breaking below key support. Currently, there is a brief sideways consolidation around 65200. Is this a continuation of the decline or a short-term stabilization? Observation is needed.

🎯Direction: Empty position (NoPosition)

The current chart shows three consecutive large bearish candles on the 4H timeframe accompanied by massive volume, indicating strong bearish momentum. The last candle has a long lower shadow, but the rebound strength is very weak, and the order book shows heavy selling pressure above (sparse sell orders above 65269.3, lacking genuine buy orders). Funding rates remain positive, indicating that market bullish sentiment has not fully cleared, with further liquidation risk. The price needs to break back above 68000 (former support turned resistance) to reverse the short-term downtrend; otherwise, any rebound is a shorting opportunity. Patience is advised until a clear support-breaking structure or a sign of rebound exhaustion appears.

Trade here 👇 $BTC

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#Is the current market bottoming or just observing?