After several consecutive days of rebound, the highest level reached around 64K, and the market retraced its trend. There is a lot of pressure above, and it does not have the foundation to start a big market trend. It is still weakly oscillating at the bottom! The recent increase has been accompanied by sluggish trading volume, and this extreme contraction in volume is not due to incremental funds entering the market, but rather a mutual exchange of volume within the market. OKX During the liquidity depletion period of the deep bear market, large funds will never take the initiative to free up the trapped market. They are drawing a breakthrough in the technical form here, in order to squeeze out the last bit of bullish liquidity in the hands of individual investors. Today, this bearish candlestick that directly hit back to the vicinity of 61800 completely exposed the intensive distribution actions in the 64000 strong pressure zone. This is not a pullback wash of the bull market at all, but a textbook level lure to buy and sell. In the absence of macro level water release cooperation, any upward volume testing is aimed at finding better positions to sell. The panic in the market is far from over, and the real bottom needs to be smashed with blood chips, not reversed by a few volume contraction bullish lines. Abandoning any bottom fishing mentality, the core logic now is to short in the direction of least resistance. The core target will be directly locked onto the empty machine on the right side of Bitcoin. Sell within the range of 62500 to 63200. If there is a small-scale technical pullback in the future, decisively build short positions in batches within this resistance box. The stop loss target is strictly set at 64200. Once the trading volume breaks through this bullish high point, it indicates a change in the logic of the main force. Immediately close the position, recognize the loss and leave, and never take on orders. The first profit target below is to look at the integer level of 60000, and after effective breakdown, directly look towards the early liquidity deepwater area of 57800.