[ 83000 is holding steady and there could be another push higher! If BTC reaches 87000—89000 again, I’ll start exiting in batches ]
$BTC The lowest pullback should be around 83500. This price action basically matches our prior short-term expectations.
Yesterday, BTC surged to more than 87000. I said that there would be a pullback need here in the short term—so now when it returns to around 83500, it’s not necessarily a bad thing.
On the contrary, from the current structure, as long as this level can hold, Big Cake still has a chance to push higher again.
The next focus is still on 87000—89000 [❤️ As shown in Figure 1, the neckline resistance at 89000 from the huge head-and-shoulders top from the last bull market].
But I need to make this clear in advance:
If BTC again pushes into 87000—89000 this time, I won’t act the way I did near 75000—I won’t be aggressively going all in again.
Back near 75000, we were bold enough to heavily position in ETH and SOL because the entry was low enough and the odds were comfortable.
Now Big Cake has already risen so much and entered a higher-level resistance zone. The risk-reward for chasing higher is completely different.
So if it goes up again, my strategy will be:
Sell as it rises—exit in batches.
It’s not that this must be the top, and it’s not that BTC can’t continue rising. But when it reaches this area, the first thing to consider is locking in profits.
Right now, what I mainly hold is ETH, SOL, CRCL, and quite a few altcoins. Yesterday I also refilled some positions and exited certain targets that were sold off at high levels.
So going forward, there’s no need to guess the top every day.
If it can hold around 83000, continue observing the strength of the rebound. If BTC again charges to 87000—89000, then follow the plan and gradually reduce positions.
This round, you’ve already eaten the main meat. The remaining tail-end could be eaten too, but really there’s no need to stretch yourself to the limit just for the last little bit.
#BTC走势分析 $ETH $SOL
$BTC The lowest pullback should be around 83500. This price action basically matches our prior short-term expectations.
Yesterday, BTC surged to more than 87000. I said that there would be a pullback need here in the short term—so now when it returns to around 83500, it’s not necessarily a bad thing.
On the contrary, from the current structure, as long as this level can hold, Big Cake still has a chance to push higher again.
The next focus is still on 87000—89000 [❤️ As shown in Figure 1, the neckline resistance at 89000 from the huge head-and-shoulders top from the last bull market].
But I need to make this clear in advance:
If BTC again pushes into 87000—89000 this time, I won’t act the way I did near 75000—I won’t be aggressively going all in again.
Back near 75000, we were bold enough to heavily position in ETH and SOL because the entry was low enough and the odds were comfortable.
Now Big Cake has already risen so much and entered a higher-level resistance zone. The risk-reward for chasing higher is completely different.
So if it goes up again, my strategy will be:
Sell as it rises—exit in batches.
It’s not that this must be the top, and it’s not that BTC can’t continue rising. But when it reaches this area, the first thing to consider is locking in profits.
Right now, what I mainly hold is ETH, SOL, CRCL, and quite a few altcoins. Yesterday I also refilled some positions and exited certain targets that were sold off at high levels.
So going forward, there’s no need to guess the top every day.
If it can hold around 83000, continue observing the strength of the rebound. If BTC again charges to 87000—89000, then follow the plan and gradually reduce positions.
This round, you’ve already eaten the main meat. The remaining tail-end could be eaten too, but really there’s no need to stretch yourself to the limit just for the last little bit.
#BTC走势分析 $ETH $SOL
