#BTC Plunge! Can We Still Go Long?

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#BTC Plunge! Can We Still Go Long?BTCUSDT Perpetual ContractBYBIT:BTCUSDT.Pwolf_king888📊#BTC Plunge! Can We Still Go Long? 🧠From a structural perspective, we did see a pullback and retested the short-term support zone of 63,000-64,000, but it failed to hold. I didn't find any stabilization signals, so we didn't participate in long positions here. This also means that the double bottom structure here is likely invalidated, so I'm no longer pursuing a rebound to a higher target zone (69,300-72,600). ➡️The downward trend still dominates, and BTC spot trading is still showing a net outflow, so we should be cautious about going long! ➡️A bear flag pattern has formed here, so be wary of the possibility of further plunges. Let's see if we can eventually reach around $57,777. 🤜Follow me, and I will guide you through market changes. Remember to like💖 and share💬 BTCUSDT.P