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#CryptoMarketRecovery
Bitcoin Sunday journey so far has been very clear.
From the top around 115K–125K, I kept saying the market is overheated and a bigger correction is coming. That played out.
Then I said we would not move straight down, but enter a sideways phase. That also played out.
Now we are exactly where expected, trading inside the 54K–72K range, with no real change in structure.
Every Sunday update has been based on the same idea:
Market moves in phases, not straight lines.
Right now, this is a range phase, not a bullish trend.
The plan has not changed:
Wait for levels
React to price
Do not force analysis
Below 60K I look for short term longs
Around 80K–85K I look for shorts
Until the range breaks, everything inside is just noise.
Consistency is more important than prediction.
Same view, same plan, still waiting.
#GateSquareAprilPostingChallenge #GateLaunchesPreIPOS #Gate13周年全球庆典
#Bitcoin Sunday Analysis
$BTC continues to trade inside the same 54K–72K range, and nothing has changed from last week. Price once again failed to reclaim and hold above 72K, confirming that the resistance is still valid and the range structure remains intact. Despite multiple attempts, Bitcoin is still getting rejected from the same zone, which shows that the market is not ready for a breakout yet.
This is exactly where most traders go wrong. Small moves inside the range create noise, but structurally the market is doing nothing new. Until we see a clean daily or weekly close above 72K, there is no confirmed strength. At the same time, repeated tests of this level are weakening it, so a breakout can still happen, but confirmation is required, not assumptions.
The market is currently in a waiting phase, building liquidity on both sides. This is not a trending environment, it is a range-bound market. That means the correct approach is not prediction, but reaction. No breakout means no bullish bias, and no breakdown means no panic.
My view remains the same. I expect Bitcoin to continue moving sideways within this range before the next major move. Once this phase is complete, I still expect a breakdown toward lower levels, with the broader target remaining below 50K in the coming months.
Strategy remains unchanged. I am waiting for clear levels to act. Long positions make sense closer to the lower range around 60K–54K. If price pushes higher into 80K–85K, I will look for short opportunities as that zone is likely to act as a distribution area. Until then, patience is key.
$BTC
#CryptoMarketSeesVolatility #BitcoinMiningIndustryUpdates #DriftProtocolHacked