This wave of BTC decline actually showed signs early on. It was observed that there was significant selling pressure above, with the candlestick chart repeatedly testing resistance levels but never able to break through effectively. The key issue is—there is no incremental capital entering the market to support the move. Without this fundamental support, Bitcoin naturally loses its upward momentum.

For traders who followed the trend, this wave has indeed yielded considerable profits. If you currently hold a position with around two points and a high leverage ratio, consider closing half of your position to lock in profits and set a stop-loss line. The benefit of doing so is clear—it helps avoid the risk of a sharp rise during the European and American trading sessions overnight.

Honestly, the current market difficulty level is off the charts. One second, your account might show unrealized gains, and the next, it could turn into a loss. Such extreme market volatility is especially unfriendly to retail investors. With so many unpredictable factors, a slight delay in reaction can lead to being trapped. Therefore, risk management and position control are particularly important—never relax your vigilance just because of short-term gains.