Current Bitcoin Market:
CME has a daily gap around 92000, and 92000 is also the upper edge of the Gaussian channel in the weekly chart 2.
As shown in chart 2, during this bull market, it has never fallen below the upper edge of the Gaussian channel.
At the same time, according to the several blue buy signals from this round of hash ribbons, there is a 16% drop from a peak. The current position is also around 93000. Therefore, if there is a chance to drop below 100k, 92k-93k should be a good opportunity for a rebound. It is also the Fibonacci 0.5 position since the rise from 74000.
So now it is important to maintain a certain low leverage position and be prepared for opportunities to add to positions at lower levels.
In this round, the people I know, who are familiar, and who are still alive, there are only about six or seven left, most of whom were taken away by a significant drop.
