Next week there's only one thing worth watching: 59,131.


On Monday it was still at 74k, by Friday it dropped to a low of 59k. In five days, $13,000, not a single breath of relief.
59k held. But it held in a very ugly way. On Friday, it bounced back from 59,131, then rose to 61k and stopped. This isn't a V-shaped rebound, it's the market asking itself a question: are there still buyers below?
Next week's narrative isn't about whether it will rise or fall. It's about whether the 59k level is a floor or a window.
In the last cycle, it hovered in this range for two months before dropping, but this time it only took a week. The speed is different, the structure is different. If 59k is broken again, there's no support below from the structure.
I'm not bearish. I'm saying, don't rush to buy. Wait for the market to give the answer of 59k itself. Money is always an opportunity in the market; once it's gone, there's nothing left.
View Original
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
  • 1
  • Repost
  • Share
Comment
Add a comment
Add a comment
BrotherLiuEr
· 9h ago
That makes sense🙏
View OriginalReply0
  • Pinned