BTC 1H Failed breakout at the top After a 1H reversal, it broke below the small consolidation channel Triggered stop-losses for all the longs placed in the consolidation zone Combined with short-term longs closing their positions Followed by a massive panic sell-off candlestick Completing a rapid drop + channel model breakdown Currently, there’s some support at the start of the channel But no strong rebound yet Uptrend is on pause, consolidating Personally, I won’t chase shorts. I’m willing to wait for a pullback to stabilize before going long 2 potential observation zones: 83.5K range, 82K range If there’s a rebound, 85.5K is a key resistance level --- Join the Discord http://(0xTaiBai.com)