The cryptocurrency world is ever-changing, every fluctuation hides opportunities and challenges—don’t panic when it drops, don’t get overly excited when it rises, maintaining a stable mindset is crucial to seizing the big market!

The Great Sage talks about the market:
Family! Today's BTC/USDT trend has me scratching my head! Look, it soared to 108,952 USDT a few days ago, and now it has dropped to around 105,850, down almost 1%, this roller coaster is making me want to throw up my breakfast!

What’s going on with the technicals?

MACD Indicator: The DIF and DEA lines are starting to turn down, the green bars (momentum) are still extending, indicating that the bears are a bit aggressive, and it might take some time to settle in the short term.

Bollinger Bands: The price is stuck near the middle band (105371), if it breaks the lower band (104761), it might need to explore further down.

Trading Volume: Buying and selling are not very active, large funds are observing, with a net outflow of 32.7 million USD, the main orders still show a 'sell' bias (commission ratio -0.75%), short-term pressure is considerable!

What does the Great Sage think?
I think this pullback is not unexpected, after all, it rose too sharply recently, it's normal to take a breather now. The key is whether the range of 104000-104800 can hold—if it stabilizes, there may be more opportunities ahead; if it breaks down, it might need to find support around 103000 or even lower.

Let me give you an example:
Last month BTC also surged to over 110,000 first, then pulled back to 105,000, many people were scared into cutting losses, and what happened? Within two months, it reached a new high again! So, don’t be scared by short-term fluctuations, the key is to look at the big trend!


Family! Do you think this pullback is an opportunity or a risk? Shout out your views in the comments! 'Bottom fishing' or 'running away'? The Great Sage is waiting, let's discuss in detail tonight in the fan group!

I am the Great Sage, trusting institutions, taking a stroll in paradise; trust the Great Sage, let wealth roll in the grave, if you want to know the latest news or consult and don't know what an effective breakthrough point is, you can click to follow, the Great Sage will guide you hands-on without getting lost! If I can't do it, feel free to wake me up in the comments!