Bitcoin short positions closed, now look to short again at 63000 on a rebound.

BTC fell 0.70% in the short term, trading at 62981, a 24-hour drop of approximately 1.63%. The core driver was the launch of a comprehensive policy review by the new Federal Reserve Chairman, Kevin Warsh, shifting market expectations towards a hawkish stance and pushing the US dollar index higher, weakening BTC's appeal as an alternative asset. Meanwhile, progress in US-Iran peace talks and a more than 4% drop in oil prices reduced demand for inflation hedging. Selling pressure clearly dominated the market, continuing the short-term bearish trend. BlackRock clients sold $172 million worth of BTC, coupled with a net outflow of $68.3 million from spot ETFs, interpreted as a signal of institutional adjustments to their exposure, exacerbating short-term downward pressure. Technically, there's not much to say; we already gave a bearish outlook this morning. There was a sell-off just now. Those who haven't entered should continue shorting around 63000, with a target of 61000-60000. Enter short positions on ETH simultaneously. For real-time guidance, please see my profile and join the discussion group.