Today I woke up to a market full of wailing!
But I'm a bit excited because while others are looking at the downturn, I'm looking at the opportunities!
Haven't you all noticed? Before, there were plenty of positive news, but Bitcoin just couldn't rise; then with one piece of bad news, it collapsed. This isn't a coincidence; it's a signal of a downward trend. The trend has broken, and the correction is far from over. I've been saying that July and August are the bottom range, and those who needed to clear out altcoins could have done so long ago.
From the weekly perspective, the MACD is about to form a death cross, and a long-term bearish trend might be established. The current decline has just begun, and we won't consider entering the spot market until it breaks below 100,000. There’s stronger support around 92,000.
In fact, Bitcoin has been relatively mild; small coins like PEPE have already been halved. Thankfully, I repeatedly reminded everyone to clear positions and short, and recently UNI, ZK, and TRUMP have been all about shorting, which feels great!
A few days ago, I mentioned there would be a big drop, and today the market indeed followed the script. It’s not magic; it’s the precise judgment of candlestick patterns + main force + holding data. Keep up with the rhythm and just go for it!
Since this wave is a false breakout, we need to focus on the support zone below, between 2300 and 2380, which is where we can consider entering long positions next time.
I've already set my points for the next big move, ready to help you easily maximize your profits!
