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After Bitcoin broke below 80,000, it then went on to see 70,000. After reaching the target level, it once again ran into the 60,000 threshold. And this all happened this week as well—everything arrived exactly where it should. Every time there’s a live stream, people ask whether they can “buy the dip.” I say I can’t see where the bottom is in this market, so I’d rather just follow the trend honestly and wait for setup.
At the moment, we still don’t know how many “Dodo” are trapped in the bag, so I can only cut losses and sell in batches. Otherwise, the longer it goes, the more reluctant I’ll become. Right now, after the price level broke below the 60,000 threshold, it bottomed out and bounced back—though the rebound strength isn’t strong. At this stage, it’s in low-level consolidation, ranging and digesting.
The weekend is here too. If there’s no impact from the news, the market likely needs to process some of this. And in the early morning as well, don’t keep staring at the price action to overthink—go get some proper rest. $BTC #比特币ETF单日净流出7272枚 $ETH