# 周末行情站队

$74,000 Correction gamble, Why do I still dare to go short?
@Gate广場 Weekend market I stand "📉 correction decline". BTC has currently reached $74,000, and I choose to open a short position here to gamble on a correction. The reasons are as follows:
1. Key resistance level
$74,000 is the "bears' last line of defense" mentioned by multiple analysts previously, and also a level with massive short stop-loss orders. The long-short battle at this position is most intense, making sharp pullbacks likely.
2. Short squeeze nearing completion
This rally was mainly driven by overly crowded shorts (long-sh