Looking at Bitcoin right now, a short-term bottom is probably close to forming. If it doesn’t bounce and keeps moving lower, the most we’ll likely see is 62–63. A lot of buyers have accumulated in this support zone.
Put simply, this level wasn’t drawn at random. The price has been caught here the last few times it tested lower, which shows that real money is standing guard. If you ask whether you can buy the dip now, I’d say don’t rush in all at once—buying in gradually is the safer approach. My overall view is still that the market will move sideways as it recovers. That doesn’t mean it’s about to make a V-shaped rebound, but there really is limited room for another sharp drop. First, watch whether it can hold above the 68–70 resistance zone. Only then can we start talking about a reversal; if it can’t, the price will keep grinding back and forth. Remember this when trading: don’t panic near support, and don’t get greedy near resistance.
The market is always right. Our job is to follow its rhythm, not fight it.
#加密美股齐跌，下轮反弹的驱动力在哪？ #比特币活跃供应盈利占比跌破45% #美国PPI年率6.5%，低于预期或缓解BTC压力 #BTC走势分析 #BTC☀ $BTC
Put simply, this level wasn’t drawn at random. The price has been caught here the last few times it tested lower, which shows that real money is standing guard. If you ask whether you can buy the dip now, I’d say don’t rush in all at once—buying in gradually is the safer approach. My overall view is still that the market will move sideways as it recovers. That doesn’t mean it’s about to make a V-shaped rebound, but there really is limited room for another sharp drop. First, watch whether it can hold above the 68–70 resistance zone. Only then can we start talking about a reversal; if it can’t, the price will keep grinding back and forth. Remember this when trading: don’t panic near support, and don’t get greedy near resistance.
The market is always right. Our job is to follow its rhythm, not fight it.
#加密美股齐跌，下轮反弹的驱动力在哪？ #比特币活跃供应盈利占比跌破45% #美国PPI年率6.5%，低于预期或缓解BTC压力 #BTC走势分析 #BTC☀ $BTC
