BTC broke below the 200-day moving average. At this level, some traders went long, while others went short. BTC broke below 70,000, and the bears won. I didn't choose to act; I can only wait for a bottom-fishing opportunity! There's a huge divergence between bulls and bears; some are going long based on early bull market lows, while others are chasing the breakout short. However, $727 million in liquidations occurred in the last 24 hours, with bulls accounting for 90%, and those who chased the long positions were just wiped out. I don't want to gamble, not because I lack direction. ETFs are seeing outflows, stablecoins are contracting, and new funds are withdrawing, but whales are increasing their holdings at the fastest rate since February. I'm waiting for a familiar structural signal: a breakout and stabilization at 68,000, or a return to 73,200. Before the signal appears, it's better to avoid one wrong trade than to make one wrong one. I'm saving my ammunition for structural analysis, not for speculation.