Watch the daily trend of Bitcoin closely and you'll discover that the core bearish framework has never been truly broken since the decline from the 2385 high. All minor rebounds are merely technical corrections following oversold conditions, hardly qualifying as reversal signals. When price previously rebounded to the Fibonacci 0.786 resistance level at 2425, it couldn't even establish a foothold and was directly suppressed by bears, which sufficiently illustrates how heavy the selling pressure is above. Now hovering around 2165 grinding the bottom, it appears the decline can't go further, but this is actually a relay consolidation within the downtrend, not a signal for bulls to counterattack. Looking at the MACD indicator, the volume on the red histogram is useless. The DIF constantly hovers near the zero line without moving upward, severely lacking momentum in bullish advances, while bears still control market initiative. Blindly catching falling knives is actively drilling into risk. Operation suggestion: Short around 2180-2210, targeting 2120-2090 below, with breakdown of 2050. #美国提出15项条件和谈方案 $ETH $BTC $SOL

🚨 750M $USDC minted on Solana in the past 24 hours

A good read if you want to understand Hyperliquid better - fundamentals, growth, and how the ecosystem is shaping up. Personally holding BTC, HYPE and SOL as my core long term positions.