Next station, all hands on deck to escape the air force and unwind the position!


Many brothers have been asking in the past two days:
Will the short positions that are trapped still fall? Is a bull run coming?
My view is very clear— the overall trend remains bearish, and 66,500 is still a key target level.
That morning’s waterfall drop, actually, everyone knows the reason:
The US-Iran negotiations failed to reach an agreement, in other words, they collapsed.
Such things are inherently difficult to succeed, and once the news drops, the market naturally reacts.
Here's a key point:
Just yesterday, it broke through 73,000, and many started chasing longs, thinking the trend had changed,
But what happened? They were immediately caught at high levels.
Rising to chase, falling to chase—this kind of operation is very easy to be repeatedly harvested.
Think about one more thing:
If they really wanted to push the price up, they would have already surged past 76,000 in one go,
Would they still be hesitating and bouncing around like this?
Looking at the market details:
Although the 4-hour chart shows oscillation upward, the MACD has already formed a top divergence,
The daily chart has already topped the upper band, and the space above is limited.
Trying to chase longs at this position is basically setting oneself up to be a sucker.
Combining the environment:
The overall sentiment is still bearish,
In a bear market, what is the purpose of a pump?
It’s not to make you money, but to induce longs, shake out traders, and harvest.
There aren’t many trapped positions above, it looks easy to push,
But think from another angle—without liquidity, without anyone to take the other side, why would the main force push?
So the overall strategy doesn’t need to change:
Take it slow, don’t be led by short-term rebounds,
In a bear market, shorting remains the most cost-effective.
In one sentence:
A rebound is an opportunity, the trend hasn’t changed, and a bigger decline is still on the way. #Gate现货衍生品双双冲进全球前三 #Gate广场四月发帖挑战 #Meta推出AI模型MuseSpark $BTC $GT $ETH
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