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#BTC# #BTC# Recently, I have been bearish on BTC at 110,000 - Ether at 2880. The day before yesterday, I went long at 103,800 for a short while and made a profit before exiting. Then I turned bearish again, but I was trapped by the news of Trump's trillion-dollar impact on Bitcoin, which led to a subsequent fall.
Overall, the strategist's thinking is not wrong. Before the broadcast ended yesterday, I told everyone that 103800--2473 can be a buy, but everyone should set a small stop loss.
I clearly stated that if BTC falls below 103800, it will go around 102600-102300. This has been clearly mentioned. If you didn't hear it, then you were wandering around and missed this information.
Today is still a weak market.
But it has the flavor of a bottom, has this position stopped falling? The strategist clearly tells you no, (there's a certain probability we might see Bitcoin starting with 6 again,) don't be surprised that anything is possible in the crypto circle, you might say the cost of miners, the cost of institutions, Trump's shouts, various countries' chaotic good news through Bitcoin, etc., will not let BTC fall, this is all retail investor thinking.
Will the miners not stop working? Will the institutions not sell? Panic selling is coming, and all the positive news is just an illusion (except for interest rate cuts).
The strategist's judgment comes from observing history. BTC has experienced two instances of weekly divergence in the past, with each drop being astonishing. Currently, we are at the crossroads of the third divergence, and I believe this time will be no exception. Additionally, the war between Israel and Iran, along with the current signals indicating no interest rate cuts, have already planted a trillion-level TNT bomb.
Do not be emotional in trading; we need to be rational. Even if we haven't made money, we should try to avoid losing money.
For the entire market, we are all just chives, but wouldn't it be better if we could be smart chives? The above is the strategist's view and analysis of the future.
For the gods of all paths to observe. Please do not spray if you do not like.