☀️ Market early bus, see the deep bear approaching! ⚠️ BTC's multi cycle resonance, multiple negative effects, and rebound are all opportunities for escape and short selling! How to translate Hey guys, is it comfortable to short at a high position and hold a short position? Even more exciting things are yet to come! Those of you who have been reading my market analysis and prediction, and who combine knowledge with action, should be fortunate to have successfully escaped this sharp decline and made substantial profits at high altitudes. Why not do it! Remember to forward my articles and tweets more often, so that more people can pay attention to me. I also need more fans and Blue V members! Thank you for your support and assistance! To get back to the point, let's take a look at the latest market situation and subsequent trading strategies of Bitcoin. 1. Quick overview of core data. BTC's current price is around 71400, with a 24-hour low of 70800, which has fallen below the key defense line of 72000. ETF has had a net outflow for three consecutive weeks, with a weekly outflow of $1.44 billion last week, setting a record for the largest weekly outflow in 2026. Since May 15th, there has been a net outflow of nearly 3 billion US dollars for 10 consecutive trading days. The yield of Japanese 10-year treasury bond soared to the highest level since 1996, and the probability of interest rate increase on June 16 has risen to 70% -80%. The yield on 10-year US Treasury bonds remains at a high level around 4.5%, while the US dollar index strengthens simultaneously, exerting a dual pressure on risky assets. 2. Market state: Multi period resonance points to bearish. At the weekly level, the fifth wave of decline is accelerating. The daily chart has fallen below the triple support zone of 72000 (Fibonacci 0.5 retracement+100 day moving average+ascending channel lower track), and the bearish alignment is clear. The 4-hour chart shows a continuous bearish trend, with trading volume increasing during the decline, indicating absolute strength of the bears. The high point of each rebound is decreasing -78000 → 76800 → 74200, and the rebound momentum gradually decreases. 72500 is the key low point of this month (PML) and the low point of last week (PWL), effectively confirming the bearish structure after falling below. 3. Triple macro bearish sentiment continues to suppress. 1、 ETF funds continue to flee. Last week, the encrypted ETP outflow was 1.67 billion US dollars, with a net outflow for three consecutive weeks, totaling 4.21 billion US dollars. BlackRock IBIT experienced a daily outflow of $528 million, setting a record for the second largest daily outflow in history. 2、 Countdown to Japan's interest rate hike. The probability of the Bank of Japan raising interest rates in June has risen to 70% -80%, and the market is pricing ahead to tighten expectations. When the interest rate is raised in August 2024, the Japanese stock market will collapse by 12%. This time, combined with the disposal of $620 billion in assets, the impact will only be greater. 3、 The US Iran negotiations are deadlocked. Iran threatens to block the Strait of Hormuz, causing oil prices to rebound to $93 and geopolitical risks to persist. The transmission chain of inflation expectations → rising US bond yields → pressure on risk assets is still ongoing. 4. The current critical position. Strong resistance: 72000-73000 (converted to resistance zone) Current: 71400 First support: 7000-71000 Key support: 68950 (23.6% Fibonacci) Mid term goal: 65000 5. The latest trading strategy. Currently observing, the bearish trend is clear. Short selling conditions: rebound to 72000-73000 with a bearish signal, layout in batches. Stop loss 74000, target 70000 → 68950 → 65000. Short long condition: Do not go long temporarily. Unless 68500-69500 shows a 4-hour bullish signal. Continue to hold the mid line short position, with a target of 68950-65000. Position ≤ 25%, leverage 2-5 times. 6. The final reminder. 72000 has been broken, do not bargain. On June 16th, Japan raised interest rates and the FOMC hit a critical window of dual tightening of global liquidity. Rebounding is an area for short positions to add positions, not a reason to chase long positions. Let the bullets continue to fly. BTC, Bitcoin, 3D Integrated Trading Analysis, 5th Wave Opened, 72000 Lost, Japan Rises Rates