This wave of market trends is actually not far from the 'harvest time'.
From a structural perspective, Bitcoin's rebound this time is likely to encounter strong pressure around 78,000, which is both a previous dense cost area and the profit-taking expectation for most bulls. Once it reaches this point, it can easily lead to concentrated profit-taking, making the probability of a market downturn significant.
Recently, the market rhythm has been very obvious—completely driven by news.
If the price is still around 70,000, it is actually suitable for low absorption to go long, but now it has reached 75,000, gradually approaching the strong pressure area above, and the cost-performance ratio has clearly decreased. If you chase long positions at this level, the risk of getting trapped at a high position is very high. Therefore, rather than taking risks, it's better to wait and see.
Thoughts: Close to 78,000, observe in batches for any signs of weakening, and then consider laying out short positions. If it successfully retraces, the first target is likely to return to the lower edge of the oscillation area around 69,000; once it breaks below, the adjustment space may be further opened.
#加密市场回暖
From a structural perspective, Bitcoin's rebound this time is likely to encounter strong pressure around 78,000, which is both a previous dense cost area and the profit-taking expectation for most bulls. Once it reaches this point, it can easily lead to concentrated profit-taking, making the probability of a market downturn significant.
Recently, the market rhythm has been very obvious—completely driven by news.
If the price is still around 70,000, it is actually suitable for low absorption to go long, but now it has reached 75,000, gradually approaching the strong pressure area above, and the cost-performance ratio has clearly decreased. If you chase long positions at this level, the risk of getting trapped at a high position is very high. Therefore, rather than taking risks, it's better to wait and see.
Thoughts: Close to 78,000, observe in batches for any signs of weakening, and then consider laying out short positions. If it successfully retraces, the first target is likely to return to the lower edge of the oscillation area around 69,000; once it breaks below, the adjustment space may be further opened.
#加密市场回暖