Looking at $BTC here — the 200-week EMA is in play heading into this weekly close. Historically, this level has marked major cycle bottoms, so it's worth watching closely.
Could we wick lower? Sure. That $66,900 zone I flagged last week is still in range if sellers push harder.
But here's the reality: nothing goes up forever, and nothing goes down forever. Both $BTC and $ETH are already deep in oversold territory across multiple timeframes. That doesn't mean instant reversal, but it does mean we're closer to value than we've been in a while.
This is where patience pays. Don't chase emotions. Don't panic sell into weakness. And definitely don't force trades unless you have a clear plan and conviction.
Stay disciplined. Stay focused. The long-term holders who survive these moments are the ones who come out ahead.
Could we wick lower? Sure. That $66,900 zone I flagged last week is still in range if sellers push harder.
But here's the reality: nothing goes up forever, and nothing goes down forever. Both $BTC and $ETH are already deep in oversold territory across multiple timeframes. That doesn't mean instant reversal, but it does mean we're closer to value than we've been in a while.
This is where patience pays. Don't chase emotions. Don't panic sell into weakness. And definitely don't force trades unless you have a clear plan and conviction.
Stay disciplined. Stay focused. The long-term holders who survive these moments are the ones who come out ahead.
