Don't be deceived by small rebounds! Bitcoin will experience a retreat followed by a downward trend!

CN
2 hours ago

Many people find bear markets difficult to endure, but this is the time when opportunities are most concentrated. The mindset during a bear market is actually very simple; you only need to do one thing: keep observing.

Observe what the project teams are doing.

See if they are still seriously building, look at what they are doing, whether it is genuinely innovative and something you have not seen before. After all, they either need to burn money to survive or rely on belief and story to raise funds. As long as they can survive and are led by a truly innovative team, chances are that during the TGE, they will likely deliver very good performance.

Observe what the entire market is selecting.

In a bear market, every major hotspot's outbreak has a long window period, and for those who have been immersed in the market, these hotspots are very obvious because money is only flowing there. Find good positions and participate—do not doubt, learn to embrace, after all, things always develop dialectically.

A bear market is also the best learning period, with very low costs.

You can study other people's strategies and see how successful people make money. Each expert has their own specialty; dismantle their methods, understand them thoroughly, and then integrate them to become your own weapon.

Conclusion:

A bear market is a gift from God to the awakened.

In this round of Bitcoin movements, I had already drawn a complete simulation structure in advance; whether it was the overall rhythm or the key pressure and support points, they basically matched the actual market movements, and the overall trend did not deviate from the predicted range.

I previously mentioned that after Bitcoin broke below the 60,000 mark, there would definitely be a wave of technical rebound. Based on the market volume and technical patterns at that time, I originally anticipated the rebound peak to be around 63,500. However, subsequent remarks from Trump boosted market sentiment, leading a large influx of capital, which directly pushed the price to around 64,250, exceeding the technical expectations and disrupting the original orderly movement rhythm.

Entering a new week, the previous short-term positive effects have been almost fully digested, and all types of negative news have piled up, causing the overall market trend to weaken completely. Institutions continued to sell off, market selling pressure became heavier, coupled with unstable regulation in the crypto industry, a growing number of individuals stuck at high positions cutting losses, and global risk market sentiment being cautious. Under these multiple pressures, the upward trend has completely ended, and a new round of deep adjustment has officially begun.

Considering the current market status and fund movements, Bitcoin will likely completely fall below the critical level of 60,000 this week; this is not only the boundary between bullish and bearish, but also the most important psychological support for the market. Once breached, it will lead to more follow-up selling, and the price will steadily decline next, with the short-term primary target looking around 55,000.

However, this round of decline will not be a straight drop; overall, it will be a retreat and advance, oscillating and declining spiral downward trend. There will be intermittent small rebounds that may look like it's stabilizing and rising, but in reality, it is a bull trap that attracts bottom-fishing funds before falling again. The market will use this repeated oscillation to wear down retail investors' patience while continuously lowering the market's center of gravity; this is the most common trend in a weak market.

From the perspective of long-term adjustment amplitude, this round of decline's bottom range is basically locked between 42,000 and 45,000. In terms of time cycles, there are two scenarios: if subsequent negative news accumulates and selling pressure is released concentratedly, the pace of decline will accelerate, and the bottom could be reached in about a month; if the market undergoes repeated oscillations to grind the bottom, with back-and-forth tug-of-war between bulls and bears, the pace will slow down and it may take one to two months to complete this full adjustment wave.

Official account: The Big Bull Speaks Market

Kind reminder: All market predictions discussed in this article are just personal thoughts for sharing and should not be taken as investment advice. The cryptocurrency market changes rapidly and carries high risks; everyone must manage risks, operate rationally, and bear their own profits and losses.

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