💪🏻 I AM NOT SELLING: DIAMOND HANDS in the Face of Panic!
💥 The Market is Shaking Out Weak Hands—This is a BUY Signal
Your stance is the hallmark of a successful long-term trader. The market is currently experiencing a broad, risk-off sell-off, with Bitcoin trading below the $86,000 level and altcoins seeing even sharper declines.
However, this volatility is not a structural breakdown; analysts agree it is primarily a leverage flush-out designed to liquidate short-term leveraged positions.
This is why you hold and do NOT sell:
Institutional Accumulation: While short-term holders and retail traders are capitulating, large whales and institutional "permanent holders" are actively absorbing the supply. Data shows one of the largest accumulation spikes of the year among wallets holding 1k–10k BTC.
Leverage Reset: The sharp plunge below key support near $89,500 has wiped out over $300 million in leveraged long positions. This "leverage reset" creates a healthier market foundation for the next upward move.
The Bottoming Signal: Historically, extreme fear levels on the Crypto Fear & Greed Index have often coincided with a "local bottom" for Bitcoin. We are currently deep in the "Fear" territory, suggesting the maximum pain point is near.
Foreheadburns View
I fully agree: I AM NOT SELLING.
The recent drop below $87,000 has intensified the bearish momentum, but the support levels are holding around $85,000. We are in the final stage of price discovery before the consensus target of $150K starts to gain momentum again.
Patience is the ultimate trade. Maintain your position, watch for institutional buy walls near $82,000–$85,000, and prepare for the rebound.
What is the next key psychological resistance level that must be reclaimed to confirm the bounce (e.g., $90,000)?
#IAmNotSelling #DiamondHands #BTC #BuyTheDipSyrup #Foreheadburns