Dannyw

6.29 BTC Loses 60k
1. Last week failed to recover 60k, and both large and small cycles are in a strong bearish trend. Despite oversold indicators, it is very difficult for bulls to reverse. BTC's upper resistance has moved down to the 62500 area.
2. In early trading, Japanese and South Korean stock markets fell, while US index futures rose slightly. The stock market is still in a crazy bull market, especially the South Korean stock market. Samsung and SKHYNIX account for over 50% of the South Korean stock market. Any correction of more than 20% is a good buying opportunity.

Bitcoin, playing out exactly according to the script.
This pattern repeats itself, over and over, with no deviation.
End of 2015 → End of 2017: 1064 days
End of 2017 → End of 2018: 364 days
End of 2018 → End of 2021: 1064 days
End of 2021 → End of 2022: 364 days
Now look at this round:
End of 2022 → End of 2025: 1064 days
The peak points to October 6, 2025.
$BTC It really did top out on that day.
Then, even crazier stuff is yet to come—
End of 2025 → End of 2026: 364 days
That is October 5, 2026.

Bitcoin's bullish momentum has weakened, and it is estimated that it will completely break below 58k at the earliest today, or by tomorrow at the latest!
Once the price definitively breaks below 58k on the 4-hour level, it will likely plummet to the 54k-55k range, or even around 52k. Then, as buying at the bottom steps in, there will be a rebound. As for the exact rebound level, analysis of bullish momentum and trading volume will be needed at that time.
If you shorted Bitcoin around 61k, you can take profits in batches when it drops to 54k-55k. Drinks are sipped one at a time, and meals are e

Bitcoin is playing its role exactly as scripted.
This pattern repeats itself over and over, without the slightest deviation.
End of 2015 → End of 2017: 1064 days
End of 2017 → End of 2018: 364 days
End of 2018 → End of 2021: 1064 days
End of 2021 → End of 2022: 364 days
Now look at this round:
End of 2022 → End of 2025: 1064 days
The peak points to October 6, 2025.
$BTC And it really peaked on that day.
Then, something even more ruthless is yet to come——
End of 2025 → End of 2026: 364 days
That means October 5, 2026.

Right now, we’re still waiting for a break below 65300 before a real downtrend really starts. The overall market is still consolidating. Before the massive volume surge leads to a sell-off, I still don’t dare to say the market outlook is good. Liquidity around 65300 is currently the highest, and it’s also the target level for liquidation. But what also needs attention is that as the market falls, the number of shorts keeps increasing, which may cause a slow, grinding decline—constantly pushing upward with upward wicks—leading to continued choppy price action. Be patient and wait for the consol

Yesterday I reminded not to short gold because it had reached a support level (the current maximum decline is nearly 30%). Personally, I believe gold has still topped out, but in the second half of the year, try not to short it, because after gold historically tops out, the probability of forming a double top or multiple tops is very high, meaning that the probability of gold rebounding to 4600 or even 4800 in the second half of the year is not small.

Cash is king, cash is king, only now realizing that Buffett and Li Ka-shing are the real bosses, Buffett has been holding cash for a long time.
Bitcoin BTC is known as digital gold, and it also fears interest rate hikes the most, prefers rate cuts the most, now that the rate cut expectation is gone and turned into an interest rate hike expectation, everything is over, brothers and sisters in the crypto circle, promise me
In the second half of 2026, hold more cash, reduce leverage
Under the expectation of rate hikes, cash is king, survive

gt

SanDisk Technology -14%
Micron Technology -12%
No warning, no news—then it just crashed out of nowhere.
In the afternoon, it was Samsung -12% and SK Hynix -12%.
In the evening, it was the US stock market—this is a bubble; people are running for the exit.
This is a long squeeze among tech stock bulls, and the crash caused by a bull stampede—unrelated to any news.
Bitcoin BTC is still just trading in a small range.
The low is 62,000 and the high is 65,000—oscillating within a 3,000-dollar range for a week, still hanging around this spot. Neither dead nor alive: it can’t drop hard, an

#我的Gate交易时刻 During the 2021 bull market, I entered a famous meme coin with 25x leverage, full of enthusiasm, seeing it rise 300% in a week. Greed-controlled and confirmation bias— I ignored red flags, properly bypassed risk management, and held my position at the first signs of reversal because “it will go higher.”
Within days, the chart collapsed. Frozen—fear shifted from losing money to losing everything. Instead of reducing my position at a 5-10% loss, I held on in hope, decreasing my stake. The result? One position lost over 90%, painfully so.
This taught me the **core of crypto tradi

June 10th — in the financial markets, the toughest asset is gold.
Come take a look at gold: it’s gone from 1250 to 900.
1250-900 = 350/1200 = 30%
In five months, gold has fallen by -30%.
This is gold—hundreds of trillions of US dollars’ worth of gold.
It has fallen by -30%—it has wiped out several times the total market cap of Bitcoin.
Now, who still thinks this bull market is that bull market?

Right now, we’re just waiting for the price to break below 65,300 before we start entering a truly bearish downtrend. The overall market is still consolidating, and before it sees a liquidation-driven sell-off on the back of a very large volume, I still wouldn’t dare to say the market is looking good.
The liquidity around 65,300 is currently the highest, and it’s also the target level to be liquidated. But what also needs attention is that, during the decline, the number of short-sellers keeps increasing, which could cause a slow, grinding drop—continuously pushing upward with spike moves—lead

June 10th, the strongest in the financial market is gold
Let's take a look at gold, from 1250 to 900
1250-900=350/1200=30%
In five months, gold has fallen by -30%
This is gold, hundreds of trillions of US dollars worth of gold
Fallen by -30%, lost several times the total market value of Bitcoin.
Who still thinks this bull or that bull now?

Thinking about it dropping to around 60k, I just didn't expect it to fall so quickly, falling so smoothly... The critical level at 65,000 has no support at all, I really didn't expect that, they truly leave no hope for the bulls, dropping from 82,000 to 61,000 in just half a month, the decline is indeed a bit exaggerated... I really feel like no one is in the crypto market anymore, in the past, such a drop would have everyone screaming, but now I find the market very calm, the group chats are also very calm, something's wrong, very wrong.

Thinking about it dropping to around 60k, I just didn't expect it to fall so quickly, so smoothly... The critical level at 65,000 has no support at all, I really didn't expect that, they truly leave no hope for the bulls, dropping from 82,000 to 61,000 in just half a month, the decline is indeed a bit exaggerated... I really feel like no one is in the crypto market anymore, in the past, when it dropped like this, everyone would be screaming, but now I find the market very calm, the group is also very calm, something's off, very off.

Thinking about it dropping to around 60k, I just didn't expect it to fall so quickly, falling so smoothly... The critical level at 65,000 has no support at all, I really didn't expect that, they truly leave no hope for the bulls, dropping from 82,000 to 61,000 in just half a month, the decline is indeed a bit exaggerated... I really feel like no one is in the crypto market anymore, in the past, such a drop would have everyone screaming, but now I find the market very calm, the group chats are also very calm, something's wrong, very wrong.

虽然我天天都喊着看空做空，当空军，但是大跌来了还是很难受，最重要的是感觉B圈真快完蛋了没有那么多人玩，都去炒美股了，就连币安昨天也开始入局美股一口气上了7千只美股交易，仿佛币圈已经被抛弃，感觉除了合约没有任何可玩性

Currently, the daily rebound has reached the support level. This is the second time reaching this position, and it is highly likely to break directly. If this support can have a strong rebound, it can be shorted again at a high level. So the current strategy is to short at the high each time to earn profits, and to decisively take profits and lock in gains. I started with a mid-to-long-term short position at 82,000, gradually taking partial profits each time a bottom of the decline appears. I favor mid-to-long-term shorts. Why do I keep taking profits?