flysz

$BTC Falls below 70k, what we should really be watching isn't panic, but the cycle position.
Now BTC has already reached around $65k, not far from the 200-week moving average at about $61k.
From a four-year macro cycle perspective, this is no longer a high-level chasing zone, but gradually approaching a position where long-term funds are willing to observe and deploy.
But this doesn't mean you should go all-in now.
I prefer to interpret the current market as: you can start to build positions gradually, but not unleash the final wave of bullets.
A few key zones:
(1) Around 65k: Lig