#Strategy加仓BTC $MERL this wave of market movement is indeed interesting—volume increased as it broke down, and the price action clearly shows weakness. My view is that it might be a good opportunity to short.

Enter the position between 0.210 and 0.215, with a stop-loss set at 0.230 (this is rigid and cannot be moved). Looking downward, the first profit target is 0.190, and if things go smoothly, then 0.170.

Why do I judge it this way? $MERL has already fallen over 12%, yet trading volume remains active, and open interest data is quite substantial. The market logic points to two possibilities: either long positions are being liquidated or major players are offloading. The key support area has already been broken, the rebound during trading hours was weak, and sellers have been pushing prices down.

On a short-term basis, any rebound back to the previous support zone (now turned resistance) is worth shorting again, as the downward structure is quite complete. This wave of decline has a clear logic, and the probability of continuing to fall remains high.