TheUniverseIsFilledWith

Timeline:
20:50–21:00: BTC remains steady between 66,774 and 66,818, EMA difference slowly rises to +0.052% (almost triggered a signal) 21:01: Retail investors 84.3% long ← Extreme signal 21:06–21:10: First sharp drop from 66,803 to 66,548 (-255 points), EMA difference plummets to +0.006% 21:10–21:35: Rebound from 66,534 to 66,660, then sideways trading, EMA difference fluctuates between 0 and 0.018% 21:35: EMA difference hits 0.000%, literal zero cross 22:00: Second sharp drop from 66,559 to 66,465 (-94 points), EMA difference drops to -0.036% 22:11: Retail investors 72.2% long → reverse bear

From 66,954 to 66,528, a sharp drop of 426 points—scary
A few key points:
EMA9 (yellow line) and EMA21 (purple line) just experienced a death cross — the yellow line crossing below the purple line is a bearish signal
Good news is:
The strategy did not open a long position at +0.052%, perfectly avoiding the current negative EMA crossover and also not opening a short (because after such a sharp drop, RSI will be oversold, and a rebound is likely)
Current level at 66,528:
This was earlier today’s support zone (the low point around 66,384 at 18:22 UTC). If it holds above 66,400~66,500