I just asked around in the community, and several people still have that BTC long at 62,600 open. It’s been over a week. I thought they had all exited long ago, but after asking around, I found out quite a few hadn’t taken profit at all and were still holding. I’ve got to respect that mindset. This past week, BTC has just been grinding back and forth around 64000, neither rising nor falling. This kind of market is the most agonizing. Honestly, I almost lost my composure too. ‍#股票交易分享挑战 $BTC There are only two paths from here: either exit at breakeven or take a big bite. At least it can’t turn into a loss anymore.

$BTC — I’m Watching the Recovery, But the Real Test Is Still Ahead $BTC is sitting around 64,139.3 right now, and honestly, the most interesting thing on this chart isn’t the current green candles. It’s the way price reacted after that sharp flush to 63,817.2. We went from the 65K+ area into a very aggressive sell-off, volume picked up heavily during the drop, and then sellers finally lost momentum around 63.8K. Since that low, BTC hasn’t made another fresh low. Instead, price has started moving sideways and slowly pushing back toward the 64.1K area. That’s the first thing that caught my attention. It doesn’t mean the bottom is confirmed, but it does show that buyers are at least trying to absorb the selling pressure. On the 1H chart, the bigger picture still looks like a recovery attempt rather than a confirmed reversal. $BTC previously printed a visible high around 65,477.1, then struggled to maintain that area and eventually broke lower. The sell-off became much stronger once price moved below the moving averages, and that created a pretty clean shift in short-term momentum. Now we’re seeing the opposite process starting to happen: price is stabilizing, candles are getting smaller, and BTC is holding around the short-term moving averages. I like this kind of price action more than blindly buying a huge green candle because it gives the market time to show whether buyers actually have control or whether this is simply a pause before another leg down. The current price is 64,139.3, with the visible 24H high at 65,367.7 and the 24H low at 63,817.2. Those two levels immediately give us the broader range I’m watching. BTC has already tested the lower side aggressively, so the next question is whether it can start working its way back toward the upper side of that range. But before I even think about 65,367.7, there’s another level sitting directly in the way: 64,592.7. That’s the current MA30 on the 1H chart, and for me this is probably the most important level in the entire setup right now. The moving averages are giving a pretty interesting picture. MA5 is sitting at 64,051.8, while MA10 is at 64,034.0. BTC is currently trading slightly above both of them at 64,139.3. That’s a small improvement for the bulls because price has managed to recover back above the short-term averages after losing them during the sell-off. But MA30 is still much higher at 64,592.7. So I wouldn't call this a full bullish reversal yet. The short-term averages are starting to flatten and support price, but the medium short-term trend still has a hurdle above it. If BTC can push through 64,592.7, hold above it, and then use that level as support, the chart would start looking much healthier to me. That’s why I’m not chasing BTC at 64,139.3. There’s nothing wrong with being patient here. The market already made the big move down, and now it’s asking traders to decide whether this is a genuine recovery or simply a temporary bounce. I’d rather let the chart answer that question instead of trying to guess. If BTC pulls back toward the 64,034.0–64,051.8 region and buyers defend it, that would be the first area where I’d be interested in watching for a long setup. That zone is basically where the MA10 and MA5 are sitting, so a successful retest would give the current recovery a little more structure. The idea would be pretty straightforward: BTC holds the 64,034.0–64,051.8 area, starts making higher lows on the 1H chart, and then attacks 64,592.7. If we get a clean breakout above 64,592.7, I’d want to see whether the breakout has actual follow-through rather than immediately buying the first wick above resistance. A breakout followed by a successful retest would be much more interesting to me. That would change 64,592.7 from resistance into potential support, and that’s the kind of price action I usually prefer because the market itself is confirming the level. If that happens, the next major area I’d be watching is 65,367.7, which is the visible 24H high. Above that, we have 65,477.1, the previous high visible on the chart. Those are not random targets pulled from nowhere; they’re actual levels printed on the chart. BTC would need to work through both areas, and I wouldn't assume it will simply break them because the short-term structure looks better. Previous highs often attract liquidity and sellers, so I’d expect reactions around those levels. Volume is another part of this setup that I’m paying attention to. The strongest volume on the chart appeared during the sharp downside move. That’s important because it tells us the move into 63,817.2 wasn’t just a slow drift lower. There was real activity around that sell-off. Since the low, volume has cooled down considerably while price has started consolidating. To me, that means the market is currently in a decision phase. Sellers aren't pushing with the same aggression they had during the flush, but buyers haven't shown the kind of overwhelming volume that would make me comfortable calling this a confirmed reversal either. That distinction matters. A market can stop falling without immediately becoming bullish. Sometimes price drops hard, finds temporary support, consolidates for several candles, and then breaks lower again. That's why I want to see the recovery develop instead of assuming the 63,817.2 low has to hold. The low is important, but it only becomes a stronger base if BTC can build structure above it. Liquidity is pretty obvious here as well. On the downside, 63,817.2 is the key reference because that is where the recent sell-off stopped. A break below that level would remove the main argument for the current bullish recovery setup. On the upside, 64,592.7 is the first major obstacle, followed by 65,367.7 and 65,477.1. So if I simplify the chart, BTC is currently sitting between a recently defended low and a major moving-average resistance. That’s why I think the next meaningful move around those levels could tell us much more than the current small candles around 64.1K. My preferred long entry would therefore be around 64,034.0–64,051.8, but only if price actually reacts positively there. I don't want to treat that zone as an automatic buy button. If $BTC drops into that area and starts printing strong bearish candles with increasing volume, I would rather step aside. The level matters, but price reaction matters more. A support level is only useful if buyers actually defend it. For the upside, my first target would be 64,592.7. That is the first place where I would expect the market to face resistance because of the MA30. If $BTC can reclaim that level and hold it, the next target becomes 65,367.7. After that, the larger visible resistance is 65,477.1. I’d personally be more interested in taking some risk off as price approaches those areas rather than assuming the entire move will happen in one straight line. The invalidation is also very clear from the chart: 63,817.2. If BTC breaks below that low and cannot reclaim it, I would consider this long setup invalid. At that point, the market would be telling us that the supposed recovery base didn't hold. I don't want to keep moving my invalidation lower just to stay in a trade. That's one of the easiest ways to turn a small technical idea into a much bigger loss. What could make the setup work is a combination of things: BTC continues holding above the 64,034.0–64,051.8 short-term MA area, buyers gradually push price higher, 64,592.7 gets reclaimed, and volume starts increasing on the upside. That would show me that the recovery isn't just happening because sellers temporarily stepped away. It would suggest buyers are actually willing to take control again. What could make it fail is equally simple. BTC could lose the short-term moving averages, get rejected repeatedly around 64,592.7, and start forming lower highs. If that happens, I wouldn't be surprised to see another test of 63,817.2. And if that low breaks, I would completely reassess the setup rather than trying to force a bullish narrative onto the chart. So right now, my view is cautiously constructive, but I'm definitely not calling this a confirmed reversal. BTC has stabilized after a heavy sell-off, and that’s encouraging, but it still needs to prove itself above 64,592.7. The cleanest setup for me would be a pullback into 64,034.0–64,051.8, a clear buyer reaction, followed by a reclaim and retest of 64,592.7. If that happens, the chart opens up toward 65,367.7 and potentially 65,477.1. If instead BTC loses 63,817.2, I’m dropping the long idea completely. For now, I’m watching the reaction rather than trying to predict the next candle. The market already showed us how quickly $BTC can move when liquidity gets taken, so I’d rather enter after confirmation than get trapped trying to catch the exact bottom. Levels I’m keeping on the screen: Current: 64,139.3 Long watch zone: 64,034.0–64,051.8 First resistance/target: 64,592.7 Next resistance/target: 65,367.7 Major visible high: 65,477.1 Key support/invalidation: 63,817.2 Risk reminder: this is a chart-based setup, not a guaranteed outcome. Keep leverage and position size under control, define the invalidation before entering, and let price action prove the trade instead of forcing the idea. ‌ #KIMIPreIPOsNowOpen #StockTradingShareChallenge

🚨 BREAKING: Trump Media is making a serious move into Bitcoin. 🇺🇸 Trump Media has disclosed that it holds 14,139 $BTC , currently valued at roughly $900 million. And the interesting part? The company reportedly added another 4,662 $BTC worth around $293 million in July alone. That’s not a small allocation. While a lot of the market is focused on short-term volatility, fear, and whether Bitcoin can hold its current levels, Trump Media appears to be taking a much longer-term view on BTC. What caught my attention here isn’t just the size of the position. It’s the pace of accumulation. Adding thousands of Bitcoin in a single month shows that the company is willing to put substantial capital behind its Bitcoin strategy even while the broader market is dealing with uncertainty. Of course, holding Bitcoin doesn’t automatically mean prices have to go up from here. Markets can still pull back, liquidity can disappear quickly, and large corporate positions come with their own risks. But there’s a bigger signal worth watching. More companies are treating Bitcoin as something beyond a trading asset. For them, the question is increasingly becoming whether BTC deserves a permanent place on the balance sheet. Trump Media’s latest disclosure adds another major example to that trend. So while retail sentiment can flip from bullish to bearish within hours, corporate Bitcoin adoption is something I’d rather watch over a much longer timeframe. 👀 Community question: If more public companies start adding thousands of $BTC to their balance sheets, do you think that changes Bitcoin’s market structure permanently — or will corporate accumulation eventually become just another source of volatility? #KIMIPreIPOsNowOpen