bitcoin:native update - my analysis 🧙‍♂️

Most people around me were expecting this drop, honestly, that even made me doubt it for a moment. Though I had my own bets on the downside too. For everyone panicking, the current bear market looks exactly like previous cycles, both in timing and correction depth. What to expect next? We blew through 70k so easily that even a bounce from here doesn't look convincing. Structure remains bearish, and we’ll most likely continue making new lows. Current zone is good for closing shorts and looking for spot accumulation, not for opening full positions. Important to understand that nobody ever catches the exact bottom, and it will likely be much lower than you expect. Though most have already exited or are ready to wait it out. Made a few bitcoin:native purchases in this zone, staying away from alts. A more detailed version of my analysis including my positions and calls on most assets dropping inside #NETWORK soon 🧙‍♂️
#crypto