Market Review: After the price pulled back to around 68500 in the early morning, the bulls showed weakness. It dropped to around 67500 and stabilized above. This is consistent with our early bearish outlook, and we perfectly caught the short at around 68500. We exited with nearly 700 points of profit. Currently, the price has returned to around 68000. Although some short-term indicators may show golden crosses or upward turning signals due to oversold conditions, this is more of a corrective signal during a downtrend continuation rather than confirmation of a trend reversal. In a bearish trend, indicator recovery typically completes through consolidation or weak rebound, followed by a continuation of the original downward direction. Operational suggestions: Consider positioning short orders in batches around 68600. Stop loss can be set above 69000 to guard against low-probability breakthrough risks. First target level: 67500#Gate13周年全球庆典

Coin界 News reports that according to on-chain analytics platform Lookonchain, a trader went long 280.2 BTC (worth $19.7 million) with 40x leverage, but faced partial liquidation in less than an hour. Currently holding 224.16 BTC (approximately $15.18 million), with the new liquidation price lowered to $67,612.

Techub News reports that according to Lookonchain monitoring, an address beginning with 0x9657 opened a 40x leveraged long position in Bitcoin and was partially liquidated in less than 1 hour. The initial position was 280.2 BTC, valued at approximately $19.07 million; the current position is 224.16 BTC, valued at approximately $15.18 million; the new liquidation price is $67,587.12.