I've been with Binance for two years, and I've been through a lot along the way—from 30 viewers in my livestream to 500 now, and even 1,000 at its peak. I've spent countless days and nights with you all, and of course, I couldn't have done it without your support.
For this year's Streamer of the Year award, I know many big influencers and outstanding creators are competing. Compared with them, I know my chances are slim.
But this time, I want to give it a try. I hope you'll give me a chance.
The voting is over. For my first time participating, making it into the top five was a real surprise. Thanks everyone for voting for me morning and night. I’ll see you all at tonight’s livestream.
A quick note on Bitcoin: it wicked down today, and personally, I feel like it’s probably about there. It kept messing around near 80,000 earlier, but I never made a move—I always felt it was just a little off. Since it’s here now, I might as well see how it goes.
I don’t know if this is the bottom, so I’ll start with a small position and see.
Since breaking below 850 on October 7, the price has remained below that level for two weeks. There have been two rapid rebounds in between, but selling pressure has ruthlessly pushed it back down each time, and it has also broken below the key 810 level.
The price is now consolidating around 80,000. Until it can reclaim 810, things don’t look especially promising for the bulls. Below 80,000, the strongest support on the daily timeframe is clustered around 74,000–76,000, followed by support at 78,000–79,000 on the 4-hour timeframe. The rest can largely be ignored.
Where will this bottom out? Where can you buy the dip? No one in the market can give a precise answer, because bottoms aren’t called in advance—they’re formed by trapping buyers. Managing your risk is the key.
This week’s macro events are about to wrap up, which may ease some of the market risk. At that point, I’m considering gradually buying the dip. This may be the last opportunity of the year.
There are two days left in the vote. Let’s hang in there for two more days and see it through.