Bitcoin’s market today is a pure long-and-short meat grinder.

From just after 9 a.m. to 1 p.m., it kept ranging around 740, grinding people down—right after it pushed up to 755, it turned around and dumped back to 749.

Other than being repeatedly jolted by the news, at its core this is a dense order-spotting zone around 74-75k, where longs and shorts are deadlocked in a fierce fight; market makers hedge back and forth in the middle to reap the harvest.

Short-term capital bunches up to take profits; institutions go high-sell and low-buy to do T trades; retail traders chase rallies and cut losses in a panic—everything is just handing over kills.

If you don’t have discipline or a plan, you’ll be played around in circles today; those who catch the right timing nodes naturally get the profits they’re meant to take. #加密市场小幅下跌