# 周末行情站队

$74,000 Retracement Gamble - Why Am I Still Bearish?
@Gate Plaza Weekend Market I'm taking "📉 pullback downside". BTC has now reached $74,000, and I'm choosing to open a short position here to gamble on a pullback. Here are my reasons:
1. Key Resistance Level
$74,000 is the "bears' last line of defense" mentioned by multiple analysts previously, and also a major stop-loss level for numerous short positions. The long-short battle is most intense at this level, making spike-and-fall patterns likely.
2. Squeeze Liquidation Nearing Completion
This rally was primarily driven by overcrowded shorts