Previously, I said that the bottom of this Bitcoin bear market would be around 45,000, which led to a lot of attacks and malicious slander from many people. This is something I find quite puzzling.

No matter if one is bullish or bearish, at the end of the day, it is just a judgment about future market trends. There are no people in the investment market who are always accurate, and there are no absolute standard answers. Some people are optimistic about continued price increases, while others predict that the bear cycle is about to experience a deep correction. Disagreements are the norm in the market.

However, what is strange is that as soon as I express a bearish viewpoint, predicting that the bottom will be around 45,000, I immediately receive a barrage of ridicule and even insults. Is it just because my viewpoint contradicts others that I have to be maliciously targeted? When did being bearish in a bear market become wrong? Being bearish on BTC does not mean I deny the value of Bitcoin itself.

The market should accommodate different voices. If the entire network is uniformly bullish, and everyone is immersed in the fantasy of continuous price increases, who will stand up to highlight the hidden risks? Looking back at every major turning point in the market, it is almost always when the public is unanimously optimistic that the market suddenly reverses and declines.

I have never wanted to form factions or create enemies in this circle, nor am I interested in engaging in meaningless debates. I simply share my judgments on social platforms based on my own trading experiences and cyclical patterns. If I make a wrong prediction, I will adjust my thinking through subsequent reviews; even if my viewpoint is proven correct, I will not mock those who hold opposing views. The interesting part of trading is the collision of various opinions; ultimately, the market direction will provide the most objective results.

I really cannot understand why some people cannot accept bearish viewpoints at all. Just a statement that the market is likely to dip to 40,000-45,000 can provoke such hostility, as if it has hit upon something they are most unwilling to face.

A truly mature trader can distinguish between opinions and individuals. Even if one does not agree with the predicted market movement, there is no need to attack the speaker. The market does not favor either side; in due time, it will naturally validate whose judgment aligns more closely with the market.

After observing for two days, BTC's trading volume has been quite sluggish, bullish momentum is fading, and bearish momentum is increasing. The positive sentiment from the US-Iran ceasefire agreement and the emotion-driven dead cat bounce is also nearing its end. I believe it will be very difficult for BTC to touch the strong gravitational zone of 68,000 in the future. I plan to short Bitcoin in batches around 67,000, with a stop-loss at 68,500, targeting a price of 60,000 to 55,000.Swing trading, taking bites out of the bulls.

However, a bear market bottom in the range of 40,000 to 45,000 is highly probable. If the US stock market also experiences a sustained decline in September, the bottom price for BTC could be even lower. Regardless of the insults from others, I remain bearish on the future!

Public Account: Big Bull Says Market Trends

This content is solely a sharing of personal market views and ideas meant for communication and reference purposes only, and does not constitute any investment or trading advice. Cryptocurrency market fluctuations are severe, and leveraged trading carries extremely high risks. Please operate rationally according to your own risk tolerance, as all trading gains and losses are borne by myself.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。