Remember when $BTC was still consolidating above 84,000 last week and everyone was calling for a run to 85,000? And then what happened? One massive bearish candle crashed straight through 82,000. How many people got their long positions liquidated halfway up?
Now we’re at 81,506, another key level. 82,000 above is former support turned resistance, while 81,400 below is the 24-hour low and support. In a single day, price plunged from 84,116 to 81,400—a range of more than 2,700 points. The bears are completely in control.
BTC is down 1.97% over 24 hours, ETH is down 3.24%, and altcoins are even worse—SKHYNIX is down 10 points. In a broad sell-off like this, don’t think about buying the dip. Going with the trend is the way to go.
With a 5,000U position, always use a stop-loss and never hold and hope. That’s a lesson I learned the hard way after losing 200,000U. My strategy is clear: if 81,400 breaks, go short with a stop-loss at 81,700 and a target of 80,800. If price rebounds to around 82,000 and fails to break through, keep shorting. #Bitcoin
Now we’re at 81,506, another key level. 82,000 above is former support turned resistance, while 81,400 below is the 24-hour low and support. In a single day, price plunged from 84,116 to 81,400—a range of more than 2,700 points. The bears are completely in control.
BTC is down 1.97% over 24 hours, ETH is down 3.24%, and altcoins are even worse—SKHYNIX is down 10 points. In a broad sell-off like this, don’t think about buying the dip. Going with the trend is the way to go.
With a 5,000U position, always use a stop-loss and never hold and hope. That’s a lesson I learned the hard way after losing 200,000U. My strategy is clear: if 81,400 breaks, go short with a stop-loss at 81,700 and a target of 80,800. If price rebounds to around 82,000 and fails to break through, keep shorting. #Bitcoin