$BTC Bear Market Declaration Ends!
Renowned Trader Doctor Profit: $BTC Steps into the Early Stage of a Bull Market—The Three Life-or-Death Resistance Levels Will Determine the Outcome!
Renowned trader Doctor Profit says that Bitcoin has recently forcibly overcome 4 to 5 bear-market resistance zones in a single day, breaking the market’s prior doubts about bearish indicators. He also stated clearly that the bear market is already over, and BTC is in the early transition phase from a bear market to a bull market.
📊 Core Offensive-Defense: The “Three Life-or-Death Resistance Levels” That Decide the Start of the Bull Market
Doctor Profit emphasized that only a few key resistance levels remain ahead. After a breakthrough, it will further confirm the launch of the major bull market cycle:
$71,500 (Most Critical Position): Currently the most important first resistance level, which also corresponds to the cost-basis line for short-term holders (STH). If BTC can form a weekly close break at this level, it will become the core signal confirming the reversal.
$78,000 (Dense Trapped-Capital Zone): A highly active chip-trading concentration area during the preceding selloff. It is stacked with a large amount of trapped positions waiting to exit at breakeven, which requires strong buying to digest.
$82,000 (The “Space-Opens” Point): Once this level is broken, the overhead supply pressure from the trapped chips will be greatly reduced, and further upside space for the bull market will be fully unlocked.
⚡ Epic Short Squeeze: Shorts Who Believed in an “August Pullback” Get Wiped Out
Historic Liquidation Event: Recently, the market saw one of the largest short-squeeze liquidations in Bitcoin’s history.
Cycle Narrative Fails: Some investors previously clung to the “four-year cycle” law or firmly believed that “in August there must be a deep pullback,” building positions to short in advance—only to get forced out by the strong squeeze from the main players. This shows market sentiment has shifted from a “defensive mode” to an “offensive mode.” However, whether the rally driven by short-term liquidations can translate into sustained buying still needs to be observed.
⚠️ Trading Guide
Watch for weekly confirmation at $71,500: Fast needle moves at the daily level can easily create false breakouts. It’s recommended to wait patiently for a weekly candlestick close above $71,500 before placing orders on the right side.
Beware of sell pressure from trapped positions: In the $78,000–$82,000 region, there is a large concentration of positions looking to be freed from loss and resistance. When chasing price increases, avoid using high leverage to prevent sharp volatility caused by the sell-off from de-trapped positions.
Renowned Trader Doctor Profit: $BTC Steps into the Early Stage of a Bull Market—The Three Life-or-Death Resistance Levels Will Determine the Outcome!
Renowned trader Doctor Profit says that Bitcoin has recently forcibly overcome 4 to 5 bear-market resistance zones in a single day, breaking the market’s prior doubts about bearish indicators. He also stated clearly that the bear market is already over, and BTC is in the early transition phase from a bear market to a bull market.
📊 Core Offensive-Defense: The “Three Life-or-Death Resistance Levels” That Decide the Start of the Bull Market
Doctor Profit emphasized that only a few key resistance levels remain ahead. After a breakthrough, it will further confirm the launch of the major bull market cycle:
$71,500 (Most Critical Position): Currently the most important first resistance level, which also corresponds to the cost-basis line for short-term holders (STH). If BTC can form a weekly close break at this level, it will become the core signal confirming the reversal.
$78,000 (Dense Trapped-Capital Zone): A highly active chip-trading concentration area during the preceding selloff. It is stacked with a large amount of trapped positions waiting to exit at breakeven, which requires strong buying to digest.
$82,000 (The “Space-Opens” Point): Once this level is broken, the overhead supply pressure from the trapped chips will be greatly reduced, and further upside space for the bull market will be fully unlocked.
⚡ Epic Short Squeeze: Shorts Who Believed in an “August Pullback” Get Wiped Out
Historic Liquidation Event: Recently, the market saw one of the largest short-squeeze liquidations in Bitcoin’s history.
Cycle Narrative Fails: Some investors previously clung to the “four-year cycle” law or firmly believed that “in August there must be a deep pullback,” building positions to short in advance—only to get forced out by the strong squeeze from the main players. This shows market sentiment has shifted from a “defensive mode” to an “offensive mode.” However, whether the rally driven by short-term liquidations can translate into sustained buying still needs to be observed.
⚠️ Trading Guide
Watch for weekly confirmation at $71,500: Fast needle moves at the daily level can easily create false breakouts. It’s recommended to wait patiently for a weekly candlestick close above $71,500 before placing orders on the right side.
Beware of sell pressure from trapped positions: In the $78,000–$82,000 region, there is a large concentration of positions looking to be freed from loss and resistance. When chasing price increases, avoid using high leverage to prevent sharp volatility caused by the sell-off from de-trapped positions.