$BTC The weekly level is showing a weak trend near the 200-day moving average, but the market has already exhibited several bottoming reversal signals:


Major crypto influencers collectively stop-loss and exit, market leverage positions are basically cleared, Harvard University fund has liquidated Ethereum.
Such extreme sentiment often foreshadows a market bottom.
In the short term, a rebound is expected to the 65,000-68,000-70,000 range, followed by a high probability of a second bottom test, targeting the 62,000-60,000-55,000 range.
Near $60,000, start to gradually allocate into spot positions, avoid full-position operations all at once.
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BullsAndBearsInVinyl
· 4h ago
The reverse indicators are all in place, but will it rebound to 70k then fall back to 55,000?
This script is a bit chaotic; position management is more important than prediction.
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Square
· 4h ago
The analysis is reasonable.
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FloatingMirrorSphere
· 4h ago
The collective stop-loss of big influencers sounds familiar; it was the same at the end of 2022, but below the weekly 200-day moving average, the outlook remains somewhat bearish.
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PaperSculptureOctopusPosition
· 4h ago
Place a small order around 60,000, and use the remaining money to buy coffee while waiting for a second dip.
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NotYourExitLP
· 4h ago
Harvard clearing out ETH signals is indeed quite extreme. Historically, such institutional panic often corresponds to a bottom phase, but building positions gradually is more stable.
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