Rage Quit Chart Shark - When the Giant's Patience Becomes a Trap for the Weak

Bitcoin is currently trading at $67,630 with a -1.03% decrease over the past 24 hours. But the most interesting thing right now isn’t the number itself, but what’s happening beneath the surface — the game that the chart-drawing sharks are playing. Market sentiment is causing many veteran investors to want to give up on Bitcoin out of frustration, and that’s when major institutions start their hunt.

Surrender Psychology: How Do Panic Selling Signals Become a Bottom Indicator?

Famous analyst Tom Lee recently made an insightful observation: panic selling driven by anger is happening, and it’s a good sign for the market. It may sound strange, but the logic behind it is quite convincing.

When long-term holders — those who have experienced multiple market cycles — lose patience and sell not due to technical reasons, but because of frustration or anger, that’s the final surrender phase. The weak hands are leaving, and the circulating supply will gradually dry up. When that happens, who will hold Bitcoin? It’s those with enough patience and capital to wait — the sharks plotting a long-term plan.

This sets the stage for a sustainable rally. When the weak hands exit, real buying power gets the chance to take over. This explains why markets often rebound strongest at the bottom — because the market psychology has reached a breaking point.

What Are the Sharks Drawing on the Chart?

Looking at the long-term timeframe, Bitcoin has established a strong support zone at $60,000 - $62,000 after the devastating drop from the $98k peak. The price is now bouncing back and forming a recovery structure, heading toward resistance levels above. This isn’t random resistance — the chart-drawing sharks are preparing for a turning point.

On the 4-hour chart, Bitcoin has broken the short-term downtrend structure by surpassing $68,000. Higher highs are forming — a sign of trend change. An important support zone has been established at $65,000 - $66,000. As long as the price stays above this zone, the short-term trend remains bullish.

But don’t celebrate just yet. The chart-drawing sharks never let things happen so simply. They are preparing their next move.

Liquidity Map: The Organizers’ Hunting Game

The liquidation data paints a revealing picture. Above, a large amount of liquidity from short positions is concentrated around $70,000 - $72,000. This is the bait that the sharks are planning to push the price up to trigger a chain of short liquidations.

However, at $68,000, a bright yellow line appears — the stop-loss cluster of early buyers, those who bought at higher prices. This is the subtle trap the chart-drawing sharks have anticipated. It’s highly likely the price will dip back to $68,000 to sweep out these orders, shake out the impatient investors, before making a move toward breaking $72,000.

Next Scenario: What Will the Sharks Sweep?

Combining the psychological surrender and liquidation data, Bitcoin is in an accumulation phase for a reversal upward. What’s the main scenario?

First phase: Sweep and attack

The price will dip slightly to the $68,000 - $68,500 zone to trigger stop-losses of retail investors. This also tests the buying strength of those who have given up hope. The sharks will use this sweep to gauge whether there’s still buying interest at these levels.

Second phase: Pump and accelerate

After clearing out the weak hands, Bitcoin will surge sharply, breaking $71,000 and triggering a chain of short liquidations at $71,000 - $72,000, aiming for $74,000. This is when the weakest traders will regret — having sold at the bottom just to see the price skyrocket.

For patient traders:

If you’re holding BTC, be patient rather than rage quitting. Don’t panic sell out of frustration. The ideal buy zone is $67,500 - $68,500 — where the sharks are also accumulating. Place a stop-loss below $65,000 if the 4-hour bullish structure breaks. The crowd’s frustration is the opportunity for those with patience and resolve.

The Bitcoin train is about to leave the station, but it will pause a bit to pick up the last patient passengers at the $68k station. The question is, will you board now or keep waiting and regret it?

Note: This article is for informational purposes only and not investment advice. Please read carefully and consider before making any decisions.