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BTC current price is $65,000;
Based on the weekly chart, the technical outlook shows a rebound upward, but without liquidity support; downward, there’s no risk-reward advantage;
Patience to wait for a top escape at the high levels of 950,000-1,100,000;
Stop-losses for those entering at high levels are no longer meaningful; KOLs continuously calling for short positions are also pointless; following the long-term bottom-fishing strategy, even if it drops to 50,000, that’s only a 15,000 point drop;
In each cycle, when BTC’s trend hits a new high, I want to hold some positions without selling, but I can’t resist the trader’s instinct—once there’s a sign of technical decline, I want to sell. So maybe I’m not a hardcore believer in BTC;
Based on cycle estimation, the recent weekly candle for BTC is roughly around August, with the earliest likely after mid-May.