If it were you, would you dare to buy at $77k?

With the market gripped by fear and Bitcoin falling below $80k, around $77k has become a focal point for bulls and bears. Some are calling the end of the bull market, while others are watching the price, ready to buy the dip. The most interesting thing about crypto is that when prices rise, everyone is Buffett; when they fall, everyone wants to retire early.
But what’s worth watching this time is leveraged liquidations. Around $1.5 billion in positions were forcibly liquidated over 24 hours, mostly long positions. With large amounts of leveraged capital exiting the market, short-term selling pressure may ease. However, liquidations merely release risk; they don’t guarantee a trend reversal.
I think there are three things to watch next: First, whether $76k to $77k can form solid support; second, whether trading volume can back a rebound; and third, whether BTC can reclaim $80k.
If the price stabilizes around $77k, you could try with a small position; if it falls below $75k, be wary of further downside.
You don’t need to guess the direction correctly every day; you just need to control the cost of each mistake. #每周来晒 #BTC跌至7.7万美元
Stay calm when others panic, and remember to hit the brakes when others get carried away. Prices can fall, but don’t let your confidence and discipline get liquidated too!
$GOOG