$BTC shorting
【Mark Yusko: Bitcoin’s reasonable value is $105,000】
Mark Yusko, CEO of Morgan Creek Capital, said that based on the Metcalfe’s Law, Bitcoin’s reasonable value is $105,000, showing a bullish trend.
Macroeconomic disturbance factors have not been fully absorbed; market expectations for the next policy path remain divided. As one of the core assets in the crypto market, BTC’s near-term valuation is under pressure, and the medium-to-short-term bearish pattern remains unchanged.
From the capital-flow perspective, after the news is released, uncertainty increases. In the short term, funds tend to take profits and stand by. BTC’s technicals have already shown a slowdown/consolidation stagnation signal. Combined with disturbances from the news, the probability of a pullback increases.
Entry: 75881-76798
Take profit: 75249
Stop loss: 79669
The KDJ has already formed a death cross at a high level; the J value turns downward from the overbought zone, and downside momentum is accumulating. The Bollinger Bands have also started to contract. After the contraction, direction choice comes into play; combined with the prior resistance level, the probability of breaking downward is higher.
Looking further upward, the 76873 area is both the key resistance level from the previous drop and the start point of the prior big bearish candle. The two resistance points overlap—like a ceiling. So I place the entry around 76339. This isn’t chasing a short; it’s waiting for the rebound back to the resistance level before shorting, with a favorable risk-reward ratio.
The 75249 level is the lower edge of a prior high-volume trading zone, where the most chips are stacked and support is strongest. The first time it reaches there, it will most likely see some back-and-forth. I don’t expect it to hit the target in one shot. When it gets there, I reduce positions first, then decide whether to short again after the rebound is confirmed. Timing matters more than direction.
I set my stop loss fairly wide—not because I’m not afraid of losing, but because the 76339 to 79669 range is a normal fluctuation zone. Too narrow a stop is easy to get shaken out. But once it breaks above 79669, it’s no longer normal fluctuation—it’s a trend reversal. At that point, you must exit decisively.
🔴Click here to open a trade 👉👉👉 $BTC
【Mark Yusko: Bitcoin’s reasonable value is $105,000】
Mark Yusko, CEO of Morgan Creek Capital, said that based on the Metcalfe’s Law, Bitcoin’s reasonable value is $105,000, showing a bullish trend.
Macroeconomic disturbance factors have not been fully absorbed; market expectations for the next policy path remain divided. As one of the core assets in the crypto market, BTC’s near-term valuation is under pressure, and the medium-to-short-term bearish pattern remains unchanged.
From the capital-flow perspective, after the news is released, uncertainty increases. In the short term, funds tend to take profits and stand by. BTC’s technicals have already shown a slowdown/consolidation stagnation signal. Combined with disturbances from the news, the probability of a pullback increases.
Entry: 75881-76798
Take profit: 75249
Stop loss: 79669
The KDJ has already formed a death cross at a high level; the J value turns downward from the overbought zone, and downside momentum is accumulating. The Bollinger Bands have also started to contract. After the contraction, direction choice comes into play; combined with the prior resistance level, the probability of breaking downward is higher.
Looking further upward, the 76873 area is both the key resistance level from the previous drop and the start point of the prior big bearish candle. The two resistance points overlap—like a ceiling. So I place the entry around 76339. This isn’t chasing a short; it’s waiting for the rebound back to the resistance level before shorting, with a favorable risk-reward ratio.
The 75249 level is the lower edge of a prior high-volume trading zone, where the most chips are stacked and support is strongest. The first time it reaches there, it will most likely see some back-and-forth. I don’t expect it to hit the target in one shot. When it gets there, I reduce positions first, then decide whether to short again after the rebound is confirmed. Timing matters more than direction.
I set my stop loss fairly wide—not because I’m not afraid of losing, but because the 76339 to 79669 range is a normal fluctuation zone. Too narrow a stop is easy to get shaken out. But once it breaks above 79669, it’s no longer normal fluctuation—it’s a trend reversal. At that point, you must exit decisively.
🔴Click here to open a trade 👉👉👉 $BTC