BTC is currently in a slow decline, not a sharp drop. Without a quick wick to confirm a bottom, shorting at resistance levels offers better risk-reward. If there’s a sudden sharp drop with a wick, it might actually attract bottom-fishing funds. Right now, the consolidation and upward movement lack volume support, and buying interest is continuously shrinking—this is not a healthy continuation of an uptrend! There’s no clear bullish divergence during the price drop, and the CVD funding line shows no signs of reversal. Only small retail investors are attempting to buy the dip, but there’s a lack of strong momentum for a rebound! Funding rates are consistently rising, with longs adding leverage to bet on a rebound. If key support levels are broken, a wave of long liquidations could accelerate the decline. U.S. stocks, especially Nasdaq tech stocks, are weakening, with bears gaining volume and upward momentum fading. Previously, BTC was able to consolidate at high levels thanks to a global stock market rally. Now, with no external support, the bullish momentum is completely gone. In the short term, we’re still looking at a weak, slow decline with no signs of a bottom or reversal. Pay close attention to the 75k support level—if it breaks, a deep correction is highly likely. Just to emphasize, the recent ETH long position I took is purely for short-term trading. Make sure to close the position or set a breakeven stop at resistance levels.