$1000SATS $SATS Drops to New Low Follow-Up Trend Analysis
1. Current Situation
- **Following the Market Breakdown**, market sentiment is extremely pessimistic
- **Reduced Liquidity**, operators' control may strengthen
- **Contract Positions Remain High**, the long-short game has reached a fever pitch
### **2. Three Possible Directions**
**① Continued Plunge (60%)**
- Operators may completely liquidate long positions taking advantage of the market's weakness
- Target: Another drop of 20-30% (strong support zone below previous low)
- **Observation Point**: Whether large transfers to exchanges appear on-chain (selling pressure)
**② False Rebound to Lure Buyers (30%)**
- Rapidly pull back 5-10% to create a "bottom" illusion
- After attracting bottom-fishing positions, sell off again
- **Observation Point**: Whether the rebound comes with volume, and if the support orders are real
**③ Sideways Bottom Formation (10%)**
- If BTC stabilizes, it may enter a phase of oscillation and accumulation
- **Observation Point**: Whether the exchange inventory continues to decline
### **3. Operational Recommendations**
✔️ **Spot**:
- Do not catch falling knives after breaking new lows
- Consider only if stabilization signals (large bullish candles + decreasing positions) appear
❌ **Contracts**:
- Current volatility makes it very easy to get liquidated
- If trading is necessary, only do ultra-short trades (1-3% stop loss)
🔍 **Key Indicators**:
- Whether Bitcoin can maintain its downtrend
- Large transfers on the SATS chain
- Changes in large orders on the exchange order book
**⚠️ Warning**:
Operators are in full control; any operation is highly risky! It is recommended to keep most funds on the sidelines.