《Three-Dimensional Trading System｜BTC Evening Market Analysis (1/3): Volume》 The bears are in control; the bulls have no strength left to resist. They are listless, like a deflated balloon! Current price is around 72,500. Since falling from 73,800, the four-hour chart shows a sustained increase in bearish volume, while bullish volume has shrunk drastically. In the past 24 hours, a total of 290 million positions were liquidated across the network: 170 million long positions and 120 million short positions. Both bulls and bears are taking a beating, but the bulls are passively taking the hits while the bears are actively profiting. The Fear & Greed Index has dropped to 28, in the fear zone, but not yet at the extreme fear level. Volume Judgment: The bears are in control, and the bulls are powerless. 73,000 is a short-term support level; if it cannot be breached, the outlook remains bearish. 72,500 is just a pause point in the decline. The next target price is around 70K.