Bitcoin bears now hold 5,375 BTC shorts worth $343M with liquidation levels at $64,101-$66,030 as price sits at $63,835 on the 4h chart.

According to Milk Road, crypto bears are advised to focus on risk management and diversification as key coping strategies during market downturns. The report highlights the importance of maintaining a balanced portfolio and regularly reviewing investment goals to adapt to changing market conditions. Milk Road suggests using tools and resources to stay informed about market trends and sentiment, which can help in making informed trading decisions.