彼得兔
彼得兔|11月 09, 2026 05:22
Just as people shouldn't stray from their goals, neither should Bitcoin (BTC). After BTC fell from 87395, I stated that the upward trend from 57800 had ended and a correction was beginning. Therefore, our contract trading since the end of September has primarily focused on shorting. We entered a short position on ETH on October 1st and another short position on BTC on October 28th. Should we continue with a bearish strategy in the short to medium term? This depends on whether the Gann angle 2/1 level is confirmed to be broken this week. 2/1 is not a fixed price; it was at 75400 at the end of October, and it's currently at 74200. Today marks the first pullback since the breakout on September 20th. Gann angles, drawn using the cycle high and the low of 200 days later as high and low points, are very important. The 2/1 level can even be considered a bull-bear dividing line. As shown in Figures 2 and 3, historically, a break above this level signifies the end of a bear market. Subsequent pullbacks are extremely rare. A drop below 2/1 is a sign of weakness. Any upward movement below 78920 should be treated as a rebound, and further correction is expected after the rebound ends. Only a break above this level followed by no further drop below 2/1 offers hope for the end of the correction. Downside targets are 72000-72700 and 68900-69400. A rapid break below these levels followed by a V-shaped rebound would present good trading opportunities. A sustained decline or no reaction after a break below these levels may invalidate the analysis. Our overall assessment that BTC is at a bull-bear transition point or even in the early stages of a bull market remains unchanged. Remember what I said: the more complex the correction, the smoother the subsequent market movement. We have plenty of patience, don't we? Besides, there will be short-term opportunities during this period.
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