Over the weekend,
$BTC slipped under $62K after trading in the low-$70Ks, marking almost a 40% pullback from its October peak near $126K. Around $2.5B in long positions were wiped out, reigniting the classic "it's finished" vs. "buy the dip" arguments.
! A pullback doesn't equal a meltdown. Volatility is a feature of crypto markets, not a flaw. This move looked more like excessive leverage getting flushed out, not a breakdown in fundamentals.
Guidelines for navigating weekend turbulence:
1. Avoid adding leverage late Friday, thin liquidity can exaggerate moves.
2. Define your personal "max pain" drawdown in advance.
3. Limit news consumption, don't fall into panic- scrolling.
4. Keep long-term investments separate from short- term trades.
5. Rely on a checklist: open interest, liquidations, funding, and actual news.
6Prioritize rest, fatigue fuels bad decisions.
7. Reassess on Monday instead of revenge-trading Sunday night.
Bitcoin may be a high-risk asset, but your approach doesn't have to be.
#BTC #marketanalyisis #cryptoupdates