$BTC In a strong fall from beat number 3 and above, how will the bottom be created??
During the sell-off of btc from beat number 3 and above, if the organization really catches the bottom and there is no bottom-catching demand, btc will actively fall by inertia similar to a bicycle dropping from a slope down and the further down the fall, the faster the speed of fall will be similar to btc falling in the early stages of August 2024, causing the btc price to fall straight to the 49k area. If the fall really ends, we will see a natural recovery without any supply force during the natural recovery process and in the early stages of August 2024, we will see a natural recovery from the 49k area to the 61k area very gently and then re-accumulate again. During the recovery process, we only need to see a small demand force entering to be able to make the price go up very quickly, similar to the session on August 5, 2024 confirming the bottom when there was a small demand force in the 55k area, it went straight up to the 61k area in just 1 day.
So at the current stage, have we seen the natural recovery rhythm of btc and the session confirming the bottom when there was a small demand force causing the btc price to increase sharply?? The answer is that we have not seen any signal similar to the early August 2024 period. Therefore, the bottom of btc at the current stage has not appeared yet. So our current strategy is only short and short when btc has a slight recovery that causes the price of altcoins to increase, then we can short most of the altcoins on the market when they are in the utad phase similar to $CFX or have entered the distribution phase like $BNX .
