Today is November 18th, BTC price is 89,911 1. Market sentiment is extremely fearful. 95,000 put up some symbolic resistance, but here comes another wave of dumping. A fast drop is actually a good thing—it quickly releases risk. There’s still a big rebound coming this year. 2. Looking at BTC’s weekly and monthly charts, the adjustment is nearing its limit. The opportunity for left-side positioning is waiting for a big wick—get ready to catch it. 3. The more it’s like this, the more cautious you need to be. Even though going long now has a high cost-performance ratio, long positions should be opened during the drop.