๐๐ˆ๐“๐‚๐Ž๐ˆ๐โ€™๐’ ๐Œ๐Ž๐’๐“ ๐•๐ˆ๐Ž๐‹๐„๐๐“ ๐‚๐Ž๐‘๐‘๐„๐‚๐“๐ˆ๐Ž๐... ๐–๐ˆ๐“๐‡๐Ž๐”๐“ ๐“๐‡๐„ ๐๐ˆ๐†๐†๐„๐’๐“ ๐๐‘๐ˆ๐‚๐„ ๐ƒ๐‘๐Ž๐? โš ๏ธ



Many traders are only focused on price.

But price alone does not tell the full story.

This chart shows something much more interesting.

๐Ÿ”ถ Bitcoin corrected roughly 50% from its highs

At first glance, that may not seem extreme compared with previous cycles.

But the important detail is hidden inside the indicators.

๐Ÿ“Š Momentum and trend indicators reached some of the most oversold conditions Bitcoin has ever experienced.

Historically, these deeply depressed levels often appeared near major turning points:

โ–ซ๏ธ 2019 โ†’ strong recovery phase
โ–ซ๏ธ 2020 โ†’ continuation into a powerful rally
โ–ซ๏ธ 2023 โ†’ trend reversal structure

Now many are asking:

"Does this mean another major leg down is unlikely?"

The answer is not simple.

2022 proved that unexpected events can destroy technical expectations very quickly.

That crash was heavily influenced by liquidity shocks and exchange failures.

Today's environment looks different:

๐Ÿ”ถ Institutional participation is larger
๐Ÿ”ถ ETF influence changed market structure
๐Ÿ”ถ Macro liquidity remains one of the biggest drivers

But indicators alone never guarantee a bottom.

Price still needs confirmation.

๐“๐ซ๐š๐๐ข๐ง๐  ๐‡๐ž๐ข๐ ๐ก๐ญ๐ฌ ๐•๐ž๐ซ๐๐ข๐œ๐ญ:

๐Ÿ‚ The data suggests this may be a late-stage correction rather than the beginning of a deep bear market.

โš ๏ธ However, Bitcoin still needs to maintain support and reclaim key resistance levels before the bullish case becomes stronger.

$BTC

#GateSquareMayTradingShare
BTC-0.31%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • 5
  • Share
Comment
Add a comment
Add a comment
SilencerYz
ยท 2h ago
https://www.gate.com/en/announcements/article/51240
Reply0
GateUser-57ab9c02
ยท 3h ago
After ETFs, the market structure has changed; that kind of waterfall decline may really be hard to replicate.
View OriginalReply0
MosaicBowtieRealm
ยท 3h ago
This indicator indeed looks like the bottom area, but the 2022 wave taught me not to rely too much on technical analysis.
View OriginalReply0
TheWindBeneathTheCyberBridge
ยท 3h ago
The momentum indicator drops so sharply but doesn't follow the decline, the chips are locked in pretty tightly.
View OriginalReply0
  • Pinned