Last Sunday, I predicted that the current market would first rise and then fall. Although the market has been fluctuating, overall it’s moving as expected. $BTC touched the 86-87k range again on Monday before starting to weaken. Yesterday, it dropped to a low of 82.8k and still hasn’t stabilized above 83k. In the past 24 hours, $696 million in long positions were liquidated, and OI (Open Interest) dropped by 2%. Yesterday essentially completed a round of long position deleveraging. Currently, $BTC is very close to the 82.5k support level. If it holds, there’s still room for a rebound upward. If it breaks, it’ll head toward the 80k level I mentioned. Just now, I noticed that ETFs haven’t shown significant outflows. The main activity seems to be retail investors acting independently. Keep an eye on $BTC breaking below 82.5k and OI starting to increase again. If this combination appears, short the rebound, with targets at 81k or even 80k. However, if 82.5k holds + OI continues to decline/sideways + ETFs keep flowing in + $BTC climbs back above 84k, then the bulls can keep the party going.