BTCUSD Short - Institutional Bitcoin TradingBitcoin / US DollarCOINBASE:BTCUSDAI_Trading_AusThe Liquidity Trap: Execution at $63,330 The trap is sprung. Earlier today, I identified $63,621 as the level where the "big money" attempted to plant a flag. They thought they found a floor. They were wrong. We have already sliced through that level, currently sitting at $63,330, and the tape is screaming one thing: Capitulation. The Death Mode Sequence We are no longer "trading" ranges; we are entering the vertical liquidation phase. The "buy the dip" crowd just provided the exact liquidity I needed to fuel the next leg down. By absorbing those massive buy orders at $63.6k, the market has effectively hollowed out its own support. Current Status: Peak short exposure. Risk is non-existent. The Catalyst: Asian session volatility is about to meet a drying liquidity pool. When the bids vanish, the floor doesn't just crack—it evaporates. The Final Extraction Roadmap Immediate Target: $60,000 (The "Boss Level"). This is where the retail hope goes to die. I intend to break this level with overwhelming sell-side pressure. The Vault: $55,700. This remains the primary objective. However, given the velocity of this breakdown, expect a flush/overshoot toward $53k as cascading liquidations take over. Note to the Counter-Trenders: > If you are still holding longs, you aren't "investing"—you are subsidizing my trade. The market doesn't care about your "support levels" or your "fundamentals." It only cares about liquidity, and I am the one harvesting it. Prepare for deep water. I’ll see you at the bottom