The market has been through over a month of washing, finally shifting market sentiment from a bullish outlook to a bearish one. Previously, it was time to be bearish, and now that most people are starting to look bearish, it's almost time to bottom fish. Wait for another dip to grind and test, and the opportunity will come. Prepare to take a long position at 75,000-78,000 expecting a rebound, because $BTC price around 74,000 is a buy point for many institutions and large investors since Trump took office. Even if it's not a reversal trend, treating it as a consolidation phase with a small rebound is very likely.
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The market has been through over a month of washing, finally shifting market sentiment from a bullish outlook to a bearish one. Previously, it was time to be bearish, and now that most people are starting to look bearish, it's almost time to bottom fish. Wait for another dip to grind and test, and the opportunity will come. Prepare to take a long position at 75,000-78,000 expecting a rebound, because $BTC price around 74,000 is a buy point for many institutions and large investors since Trump took office. Even if it's not a reversal trend, treating it as a consolidation phase with a small rebound is very likely.