Q2 From a technical indicator perspective, there should be a decent rebound, but in reality, it will be dragged down by the US stock market, and most likely it will continue to fluctuate within a wide range!


There is a chance, but not much. When it rises, don’t chase; when it falls, buy the dip for a swing trade!
The red circle on the left is the core accumulation zone before the previous breakout, and the red circle on the right is the current violent pullback, which in trading is called “structural support confirmation.”
The 60k-65k range is the main force’s bottom support zone; the true willingness to sell down is extremely low.
Currently, the US stock market is still holding high levels, but due to geopolitical games and macro interest rate expectations fluctuating, large outside funds simply dare not chase the NASDAQ high at this level.
In the next three months, the US stock market is likely to enter a phase of “high-level consolidation + bubble squeezing.” Once capital overflows or risk aversion intensifies, the already deleveraged and bottomed Bitcoin will be the first choice to absorb liquidity.
Next will be a prolonged “meat grinder” phase—wide-range trading between 60k-72k, repeatedly oscillating. The main goal of the big players is to use time to wear down retail investors’ patience and wash out all the weak-handed chips.
Be patient, protect your principal, keep things simple—once another big drop occurs, it will be the real bottom, or this level is the bottom, but it requires a long time to exhaust and confirm! Hold onto your bloodied chips, endure the quarterly sideways movement, and wait for liquidity to fully flood back in Q4.
BTC3,45%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin