$BTC Today may welcome a small rebound

I have been bearish lately

But I am quite happy when the rebound comes

Because I can add short positions

Let me talk about my expectations for the current market environment

I believe we will enter a very long bear market phase

Not a crazy drop

But rather a prolonged period where many people's positions are trapped, making it very uncomfortable

It feels hopeless

My view on BTC is that it might reach 96000 - 88000 dollars to stop the decline

But that would only be temporary

If it continues to drop below 88000 dollars

Then the market for next year may not look good

It really wouldn’t be better than engaging in stablecoin arbitrage

But if we still want to speculate on a quick market rise by the end of this year

Stabilizing above 85000 dollars would be the best position

The first half of next year can still recover

So what needs to be done now is to prepare for both scenarios

Switching to U to cope with the uncertainty of the bull-bear transition period

$ETH Expected to attempt buying at 2600 dollars

$BTC Expected to attempt buying at 86000 dollars

BTC
BTCUSDT
84,269.4
-1.61%

ETH
ETHUSDT
2,745.15
-2.02%