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💥$BTC The "Golden Pit" Behind the U.S. Stock Plunge: Short Sellers Exhausted, Who Is Quietly Accumulating?
Brothers, last night U.S. stocks opened with a plunge, ETF spot recorded seven consecutive days of net outflows, and institutions like BlackRock continued to apply pressure. But a key signal on the chart has been overlooked by most—sell-off momentum is weakening. The selling the previous two days was a heavy hammer; yesterday was at most just a finishing blow!
Bitcoin touched $59,000 and quickly formed a long lower shadow bullish candle. Short sellers attacked continuously but failed to break below effectively—this is a classic sign of exhaustion in selling pressure. The first foot has already stabilised! Ethereum is currently consolidating sideways, but beneath the surface, currents are stirring. The odds of going long here are clearly better than shorting. With the U.S. stock market closed over the weekend, support below remains strong!
In terms of operation, Nannan suggests mainly looking for long entries on dips, patiently waiting for the second launch signal. The market always emerges in despair. This weekend, let's keep a close eye on opportunities together!