This wave of risk aversion has increased Bitcoin's liquidity, which has also led to recent market fluctuations and repeated shakeouts. The risk aversion is still ongoing, and the subsequent trend remains uncertain.

Recently, Bitcoin rose from around 62,000 to near 70,000, then fell back to around 63,000, and rebounded again to near 68,000. Currently, it is maintaining a correction around 66,000.

Such reversal trends are common, but they are not often seen during risk aversion. Since this wave of emergency risk aversion has allowed Bitcoin to hold steady above the 65,000 level, there is still a chance to test 70,000 and even stabilize above it. Because Sister Ying believes that once the risk aversion subsides, the market will surge.

Under the influence of risk aversion factors, the overall trend still leans towards caution. Even if you want to go long at key support levels, it should only be a light position. Unless the risk aversion reaches a resolution, there will inevitably be a strong bullish candle igniting the market.

Consider taking light positions around 65,500-66,000 below, with a cautious stance, aiming for around 68,000. $BTC