59,131. The number smashed out on Friday is the anchor for everyone next week.


Hold it, and there's a chance for a rebound.
Can't hold it, and the narrative will be rewritten.
This week, from 74k down to 59k, nearly 20% evaporated in five days.
The most torturous part isn't the decline, but the rhythm.
Every day waking up to a price lower than the night before.
ETH fell below 1600, SOL dropped from 90 to 64.
No coin is spared.
The core question for next week is: can 59k hold?
Hold it, and panic selling ends, and some will dare to buy the dip.
Can't hold it, and there's no consensus support below.
50k is not a technical level, but a psychological one.
Further down, it's not about the price, but whether the narrative still exists.
My own plan: not betting the bottom.
If 59k holds at the start of next week, and it doesn't make a new low for two consecutive days, then start building positions.
Not bottom-fishing, but confirmation.
If it crashes through at the open on Monday, keep waiting.
The extreme fear of 2022 lasted three months, and the price dropped another 30%.
Emotion is not a bottom signal; the price structure is.
It's over the pain.
The market is still turning, pipelines are still being repaired, infrastructure is still being built.
Don't treat a week's worth of emotion as an eternal narrative.
See you next week.
ETH4.27%
SOL4.32%
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