Rekt Fencer
Rekt Fencer|7月 03, 2026 11:40
$58K WAS NOT THE BOTTOM Everyone wants the bottom to be in because they’re tired That’s usually how the trap starts Every real cycle bottom had the same ugly checklist: → 75%+ drawdown from ATH → negative funding → dead market → no alt pumps → mass liquidations → everyone convinced it’s over We don’t have that yet BTC is only down around 53% from ATH Funding is still positive Alts are still catching bids The market is not dead enough So yeah, BTC can bounce 10% Alts can rip for a few days Your timeline can flip bullish again But that does not make $58K the bottom It makes it another exit pump We already saw this twice in the last year: $80K in November → $97K in January $60K in February → $80K in May Both looked clean Both were traps The level that matters is still $58K Once it breaks, the move lower can get violent fast My levels: → $51K: first BTC buys → $47K: add more → $42K: likely cycle low That’s where you want cash ready Not after one green candle makes everyone brave again I think this plays out over the next 4-5 months Then the boring part starts You buy when the market looks dead You sit while everyone calls you wrong Then you sell when the same people are convinced BTC can never go down again That’s where the 4-5x comes from Not from chasing the bounce Got it?(Rekt Fencer)
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