The 2026 World Cup is approaching, and there is a major negative signal for Bitcoin!


As the event nears, the short-term funds originally flowing into the crypto market will be heavily withdrawn, flowing into sports betting and viewing expenses, causing liquidity in the market to thin out. The bulls have no new capital to push the price up, so the rebound naturally lacks strength. Think about it, if even the US stock market can't withstand being drained, how can the crypto market remain unaffected? Recently, the market has become quite clear: no volume on rebounds, unable to push higher, all pressure to sell.
Currently, Bitcoin repeatedly hits resistance when trying to rise, then falls back. The early signs of a rebound are already showing fatigue, and the long-term structural downtrend channel remains intact.
In terms of trading, do not be fooled by small bullish candles into blindly bottom-fishing. The current market is full of traps, so trade cautiously and control your position size. The core strategy remains unchanged: maintain a high-altitude, #美股AI概念股普涨 pressure-based trading mindset.
BTC-0.27%
ETH0.85%
View Original
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
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned