【$BTC Signal】Short position + Downward acceleration confirmed

$BTC is experiencing a volume-driven decline, with four-hour candles continuously closing lower, and the price has broken below key support levels. Funding rates have turned negative, indicating a collapse in bullish sentiment, but open interest has not decreased significantly, suggesting the decline is driven by active selling rather than forced liquidations.

🎯 Direction: Short position (NoPosition)

The current market shows a clear downtrend, with the price accelerating downward after breaking through the 71,800-70,000 key support zone on the 4H chart. The last 4H candlestick shows a surge in volume, indicating panic selling. The order book depth is extremely thin, market liquidity is insufficient, and any rebound may quickly fail due to lack of buying interest. Wait for the price to form a clear bottoming structure at lower levels (such as a volume spike Pin Bar or absorption in demand zones) or for sideways consolidation to buy the dip. Currently, taking contrarian trades carries very high risk.

Trade here 👇 $BTC

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#Is the current market bottoming out or just watching?