After some analysis, it seems currently we cannot see 135 for Bitcoin, we can only hope to reach a maximum of 128. Let's see if there is enough positive news later to stimulate and support it to reach 135.
If it directly breaks below the key range of 110000-109000, we must be mentally prepared for a bearish trend.
Although I feel this possibility is low for now, if the market continues to fluctuate in July-August and the major players have sold off, a downward trend will begin.
In a bull market, we can still hold onto hope, experience a rebound, make some money, and those who are stuck at high positions can recover part of their capital. Once the trend changes to bearish, the daily decline will lead to a sense of despair that makes people uninstall the software, seeing no hope at all.
If you are a veteran in the crypto space, after enduring the helplessness of a bear market and that feeling of falling into an abyss, you will understand the weight of capital.
Are there any of my fellow crypto enthusiasts who have experienced the transition from bull to bear markets? Have you gone through 1-2 rounds of bear markets? If so, please give a thumbs up! If you are a newcomer and heavily invested in altcoins, congratulations on experiencing the bear market of altcoins in advance during this bull market; Bitcoin's bear market will once again feel like a squared abyss.
Because of experience, we should respect the market, always maintain a cautious approach, earnestly, and not be elated by material gain or saddened by personal loss. Earn money within your understanding, continuously learn to improve your knowledge, expand your wealth sustainably, and create a long-term, replicable trading career.
