At the end of June, I issued a buy recommendation for Bitcoin and the leading altcoins (ETH, SOL, ADA). Now, amid this turbulent situation, fueled by FOMO and clouded by institutional uncertainty, the question is: how should we position ourselves?
First, stay calm. Those who joined me back in June have already built up a substantial cushion of profit—which gives us the technical confidence not to react in a panic. The market is extremely noisy and volatile right now, dominated by short-term swings.
In times of heightened uncertainty and widespread fear, the golden rule is capital preservation. This is no time to impulsively reshuffle your portfolio or try to call the bottom in altcoins. If Bitcoin’s critical support levels are tested and broken, the right move is to take partial profits and protect the capital accumulated—or exit completely, stay out, and wait. If the main support holds, we stick firmly to the original plan.
Less emotion, more risk management and patience. The market always punishes those who act out of FOMO or desperation.
pay attention to the following scenarios
The drop in Asian stock markets, a sharp retreat in the AI sector, and bloodshed in crypto markets driven by turmoil at Binance could continue throughout the week.
A maximum-caution scenario! In times of sheer volatility and panic, charts and technical analysis lose their power—the market ignores support and resistance levels. The most prudent approach now is to wait for clearer signs of stabilization.
Pay especially close attention to the new 73k downside pivot for Bitcoin: this remains our critical bearish reversal pivot and exit signal, while 87k remains the bullish pivot. If Bitcoin loses support at 73k, the move could accelerate toward the 61k range. Did it break below 73k? I intend to take the profits accumulated since June. Is it holding above 73k? I’m staying firmly in the position.
Everyone should manage their own risk—this is just my personal take and recommendation for the current situation.
First, stay calm. Those who joined me back in June have already built up a substantial cushion of profit—which gives us the technical confidence not to react in a panic. The market is extremely noisy and volatile right now, dominated by short-term swings.
In times of heightened uncertainty and widespread fear, the golden rule is capital preservation. This is no time to impulsively reshuffle your portfolio or try to call the bottom in altcoins. If Bitcoin’s critical support levels are tested and broken, the right move is to take partial profits and protect the capital accumulated—or exit completely, stay out, and wait. If the main support holds, we stick firmly to the original plan.
Less emotion, more risk management and patience. The market always punishes those who act out of FOMO or desperation.
pay attention to the following scenarios
The drop in Asian stock markets, a sharp retreat in the AI sector, and bloodshed in crypto markets driven by turmoil at Binance could continue throughout the week.
A maximum-caution scenario! In times of sheer volatility and panic, charts and technical analysis lose their power—the market ignores support and resistance levels. The most prudent approach now is to wait for clearer signs of stabilization.
Pay especially close attention to the new 73k downside pivot for Bitcoin: this remains our critical bearish reversal pivot and exit signal, while 87k remains the bullish pivot. If Bitcoin loses support at 73k, the move could accelerate toward the 61k range. Did it break below 73k? I intend to take the profits accumulated since June. Is it holding above 73k? I’m staying firmly in the position.
Everyone should manage their own risk—this is just my personal take and recommendation for the current situation.
