📊 $BTC Current Market Analysis: Why Not in a Rush to Short
🔍 Key Points
Support Level Exists
There are clear support levels near the current price, preventing further declines. The liquidation chart shows that the price has attracted buying interest in this range, forming support.
Weak Bullish Sentiment
The bullish forces in the market have 'died out', indicating a lack of strong rebound momentum. If shorting continues, there may be risks of stop-loss or a rebound.