BTC tagged $87.2k on Friday, got rejected right at the September high, and flushed to $83.9k.
Spent the weekend chopping between $84.5k and $85k. This morning it pushed back above $85k.
levels that matter from here:
- $85k is the level that has to hold. lose it again and this is just chop - $83.9k (Friday's low), then $83k–$82k, is the support under that - $87k is still the level bulls need back. it's rejected price twice now - a daily close under $81.5k would turn this into a deeper reset
For now it's a range. The next real move comes when $85k holds or $87k gives.
$牛来 is still one of my highest conviction memecoin positions.
most people still look at it like it’s just another viral Chinese meme.
i think that completely misses the point.
牛来 literally means “the bull is coming” and the narrative goes much deeper than just a ticker. it connects directly to the idea of a bull market arriving, which is why i think it resonates so strongly with Chinese traders.
what makes it even more interesting to me is that it works in two completely different ways:
the West sees something foreign, funny and viral.
the East actually understands the meaning behind it.
if those two worlds keep meeting in the same meme, i think the upside can be much bigger than people expect.
maybe i’m wrong, but i genuinely think people will understand $牛来 a lot more once it’s trading at much higher prices.