Brothers, did you survive this Bitcoin wave? 🤔

Today the market gave a slight respite, $BTC ‌bouncing back to around $61,807, up less than 1% in 24 hours. But take a closer look—the Bollinger Bands mid-line is still firmly pressing at $62,270, and the price hasn't even reached the mid-line. Can this rebound be called a reversal?

What's really worth watching is the Coinbase Premium Index. It has been negative for 46 straight days since May 19th, breaking the historical record. People on the US side have been selling, with no one buying. What does this mean? Institutions haven't returned yet.
$ETH ‌
Looking at on-chain data—BTC long-term holders' holdings have surged to 16.61 million coins, with an average cost of $49,700. At the current price of $61,800, they are still profitable on paper. If these guys can't hold on and start selling, that will be the real test.

Regarding the bottom—some see it at 42k-44k, others think July-August is the opportunity. To be honest, no one can accurately predict the lowest point.

But there are a few signals to watch: STRC back to $100, ETH whales becoming profitable again, and Coinbase Premium turning positive. Only when all three are satisfied should you consider entering on the right side.

The current strategy is simple: keep your hands off, save your bullets. Don't try to catch the 'lowest point'; wait for clear signals before acting. In a bear market, those who survive longest are not the best bottom-fishers, but the best risk managers.

What do you think? Where do you think the bottom is? Share your judgment in the comments 👇

#比特币较1月峰值下跌44%