$1000SATS **Analysis of the Dealer's Subsequent Direction (Under the Background of Continued Price Decline)**

1. **Continue to Dump and Liquidate (Probability 60%)**

- Purpose: Completely eliminate remaining long positions and create panic for accumulation.

- Signal: Volume breaks through key support levels (such as previous lows), large transfers to exchanges appear on-chain.

2. **Fake Rebound to Lure Buyers (Probability 30%)**

- Purpose: Attract bottom-fishing positions for a second round of harvesting.

- Signal: A quick rebound of 10%-15% but with low volume, followed by a sudden withdrawal of support orders.

3. **Low-Level Consolidation Control (Probability 10%)**

- Purpose: Wear down retail investors’ patience through prolonged bottoming, setting the stage for the next round of rallies.

**Operational Suggestions**

- **Stay Out and Observe**: Avoid catching falling knives, wait for clear signals of price stabilization (such as a strong bullish candle with increased open interest).

- **Cautious Bottom-Fishing in Spot Markets**: Only allocate small positions in batches, set stop-loss 5% below the previous low.

- **Stay Away from Contracts**: Extreme volatility under dealer control occurs frequently, making liquidation easy.

**Key Indicators to Monitor**

- Movements of large on-chain addresses (whether they are accumulating at low prices).

- Changes in exchange inventory (whether selling pressure is decreasing).

- Bitcoin market trends (if BTC crashes, SATS may accelerate its decline).

**Conclusion**: The current downward trend is dominated by dealers, and do not act blindly before short-term stabilization.