BTC's recent movements confirm my previous outlook. I repeatedly emphasized yesterday that a short-term pullback to around 89,000 could be considered for adding longs, and the lowest dip actually reached around 87,000—missing by about 2,000 points. Conservative friends may have missed this entry opportunity, but more aggressive traders probably caught this rebound to 93,000.



This rebound phase is now largely complete. Friends who have already entered positions should consider gradually reducing their holdings and avoid going all in, waiting for a pullback. Personally, I believe this may be the final meaningful rebound, and its momentum is significantly weaker than previous ones—volume cannot keep up, and there's weak support at higher levels. So, I plan to close long positions near or above 93,000 and switch to short positions.

According to my expectations, the market is about to enter an accelerated bottoming phase. What if it breaks through the recent high? Then, cut losses and accept defeat—this is a game with a favorable risk-reward ratio. The first target for shorts is in the 88,000-85,000 range. If even this support level is broken, the psychological barrier at 80,000 probably won't hold for long. Of course, the specific strategy will depend on how the candlestick patterns evolve, and adjustments will be made as needed.
BTC-2.16%
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PriceOracleFairyvip
· 12-12 06:50
nah the 2k point miss is peak market entropy tbh... that's literally textbook price deviation territory lol
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BlindBoxVictimvip
· 12-12 06:49
It's the same old story. Anyway, I didn't catch the wave at 87,000. Now it looks like 93,000 is also going to crash. Feeling a bit annoyed.
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