【 $BTC The drop nearly broke 80,000! Why am I still bullish on $180,000—$200,000?】
The past couple of days have really been a bit scary for Bitcoin.
The 83,500 support level up front failed to hold, and the price dropped straight to 80,393 at the low, just a hair away from punching through the last line of defense at 80,000. Although the daily candle closed back above 81,754, this selloff was both fast and brutal, and the short-term structure has already been damaged.
So, the previous expectation of 90,000, I’m now proactively lowering to around 87,000.
First, watch 82,800 above, then 85,000. If the rebound reaches that area but still can’t break through, be careful that 87,395 may become the stage top. There is also a dense area of short positions around 84,000 and 86,800, so pay close attention if price reaches those levels.
But as a veteran who entered the crypto market in 2017, I’m not going to overturn the entire bull-market thesis just because of one big bearish candle.
The broader trend is still bullish; it’s just that this bull run may be moving faster than before. If the cycle comes earlier, the top may also come earlier, but the long-term target is still $180,000—$200,000.
Of course, being bullish doesn’t mean going all-in blindly right now.
If you already hold spot positions, you can keep holding them. If the market continues to pull back in the short term, 75,000—78,000 is a zone worth watching. As for altcoins, I’d rather look for projects like UNI, AAVE, and HYPE that have revenue, buyback, or burn mechanics, instead of chasing whatever coin is pumping the hardest.
Keep total altcoin exposure within 30%, and leave the rest of your capital for real opportunities.
In a bull market, the hardest thing isn’t being bullish — it’s staying bullish while still controlling your position size.
#BTC走势分析 $SOL #ETH $MSTRB
The past couple of days have really been a bit scary for Bitcoin.
The 83,500 support level up front failed to hold, and the price dropped straight to 80,393 at the low, just a hair away from punching through the last line of defense at 80,000. Although the daily candle closed back above 81,754, this selloff was both fast and brutal, and the short-term structure has already been damaged.
So, the previous expectation of 90,000, I’m now proactively lowering to around 87,000.
First, watch 82,800 above, then 85,000. If the rebound reaches that area but still can’t break through, be careful that 87,395 may become the stage top. There is also a dense area of short positions around 84,000 and 86,800, so pay close attention if price reaches those levels.
But as a veteran who entered the crypto market in 2017, I’m not going to overturn the entire bull-market thesis just because of one big bearish candle.
The broader trend is still bullish; it’s just that this bull run may be moving faster than before. If the cycle comes earlier, the top may also come earlier, but the long-term target is still $180,000—$200,000.
Of course, being bullish doesn’t mean going all-in blindly right now.
If you already hold spot positions, you can keep holding them. If the market continues to pull back in the short term, 75,000—78,000 is a zone worth watching. As for altcoins, I’d rather look for projects like UNI, AAVE, and HYPE that have revenue, buyback, or burn mechanics, instead of chasing whatever coin is pumping the hardest.
Keep total altcoin exposure within 30%, and leave the rest of your capital for real opportunities.
In a bull market, the hardest thing isn’t being bullish — it’s staying bullish while still controlling your position size.
#BTC走势分析 $SOL #ETH $MSTRB