After installing Binance's plugin on GPT, checking data has become so much easier! Let’s just hope this doesn’t speed up how fast I lose money! GPT told me: BTC price is dropping, and open interest is decreasing simultaneously, which indicates that this wave is mainly about existing positions retreating and long positions hitting stop-losses. In the past hour, the buy/sell ratio is only 0.82, with sell orders clearly dominating. The main reason is still the 'bearish easing trade' triggered by inflation data. If the 4-hour level breaks below 63,800, then this rapid rebound from 62,300 to 65,500 will likely be classified as a failed breakout, and the price will most likely return to around 62,700 to find new buyers.