“Jiang Zhuoer: Bitcoin has not decisively broken below $76,000; first watch for a rebound to $78,000–$79,000”
Here are clear answers to the three most frequently asked questions in the comments—
Q1: Bullish or bearish?
A: Somewhat bearish, but sentiment often goes too far.
Q2: Will it be reflected in the price right away?
A: Not necessarily. There’s often a lag between news and price action, so first watch for unusual activity among whale addresses.
Q3: What should we watch next?
A: Whether coins in the same sector follow suit.
Q4: Should I adjust my positions because of this?
A: I generally don’t change my plans because of a single piece of news, unless the price confirms it. $BTC latest: 76282.9, 24h: -0.63%. I’ll keep monitoring it.