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[Yesterday said to be bearish, today the market gives the answer]
When I posted yesterday, Bitcoin was around 79,000, and I clearly pointed out: this is a high-risk zone, generally bearish outlook.
Looking back now, this position is basically the recent high point. Lack of upward momentum, continuous pressure, the market has already given the answer.
Combined with yesterday’s analysis, above 78,000 is a strong resistance zone plus a CME gap overlap zone, funds are clearly hesitant here, bullish momentum is insufficient, a rise is just a trap for late buyers.
Currently, this round of decline is very likely just the beginning, the real downward trend has not fully started.
Next, focus on support below; once key support is broken, the market will likely accelerate downward.
So, the rhythm during this period is very simple:
Don’t chase highs, control your positions, wait for the decline to create space before considering bottom fishing.
Sometimes, the most profitable operation is not entering the market,
but waiting for a real opportunity to appear.
Brothers, stay steady and hold tight, this wave of volatility may just be beginning.
#BTC $BTC #RAVE剧烈波动 $ETH