The user maintains their long-term outlook on BTC, believing that this bear market has been ongoing for about half a year.


On the technical side, the gap near $79,500 was only lightly touched before pulling back, indicating strong selling pressure above and that the gap has not yet been fully filled.
If the price can approach $80k again in the future, the user prefers to add to short positions at that level rather than wait for clear confirmation signals;
If it cannot reach $80k, they will tentatively short around $78,000, viewing it as a relatively clear resistance zone.
Regarding take-profit levels, the user does not recommend setting overly strict targets.
There are two interpretations of the lower boundary of the range: one is a horizontal range between $60k and $65k,
the other is a sloped oscillation structure that could raise the lower boundary to around $70k.
Personally, they prefer to start taking partial profits at $65k to avoid betting everything on a single move.

Recently, the funding rate for futures contracts has turned positive again, reflecting a shift in market sentiment toward bullishness, but this could structurally create conditions for the next pullback.
Looking at the longer term, since May, this bear market has entered a countdown phase, with about half a year left for digestion.
The user plans to prepare funds in July and August, gradually dollar-cost averaging from September to November, and will adjust the pace flexibly based on when the bottom actually appears.
Overall, the pattern of “3 years of upward movement + 1 year of correction” driven by the halving cycle has not been broken, and the market remains within the established framework. #Gate广场五月交易分享
BTC2.99%
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ShiFangXiCai7268
· 52m ago
Confident HODL💎
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Ryakpanda
· 1h ago
Just charge forward 👊
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MrFlower_XingChen
· 1h ago
To The Moon 🌕
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ICameToSeeThePictur
· 1h ago
Buy the dip 😎
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ICameToSeeThePictur
· 1h ago
Hop on now!🚗
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Cryptoyart929
· 1h ago
Just charge forward 👊
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Cryptoyart929
· 1h ago
Hop on now!🚗
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HighAmbition
· 2h ago
good 👍👍👍👍 good
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