$BTC If you absolutely have to build a position in BTC, wait for this level to enter! Recently, Zhuque has been trading U.S. stocks and high-volatility intraday tokens. Many followers have asked how to trade the major coins and which direction to take. So far today, no altcoin whales have given us a chance to make a quick trade, so I’ll share my take on the major coins. Use it if it helps, and don’t roast me!
First, let’s look at the news:
October CPI came in hot (0.4% vs. 0.3% expected; core CPI 0.3% vs. 0.2%), pushing the probability of a December rate hike up to 85%–96%. Risk assets across the board took a hit. U.S. spot BTC ETFs have seen heavy outflows since early November, totaling more than $1.3–1.5 billion. BlackRock’s IBIT has seen consecutive redemptions, and institutional buying has vanished. Then there are the aftereffects of the Heizi incident, and so on. Several hundred million dollars’ worth of longs have been liquidated, whales are still reducing their positions, and miner selling pressure is piling on. Sell pressure keeps coming in waves.

Technically, the structure has already broken. Around 74,000 is the key support level; if it breaks decisively, there’s plenty of room below, down to 70,000 or even lower. Any bounce now is a better opportunity to short.
Heyue BTC

📉 Direction: Short

📍 Full position: Enter a short at the current price; add to the position at 75,500.

🎯 Zhiying: 70,500–68,000
(You don’t have to short, but whatever you do, don’t try to call the bottom. See you at 70,000.)#BTC #比特币连续五周下跌