Let's encourage each other, it's been a long time since I wrote a market analysis, so I'll just ramble a bit.
This wave of decline was expected; I originally thought it would be a bit softer and take a bit longer, but it only took about a week to drop from 125k. This decline has nothing to do with tariff policies or interest rate cuts. The only underlying logic is a zero-sum game; if someone profits, someone else will definitely incur losses. With around eighty percent bullish rate and the greed index hovering around 70, how could there not be a cleanup of the bulls?
When it was at 124k, the analysts said it would go to 130k or 150k. Now at 112k, which is the target for my short position, the analysts are again shouting bear market. I can only say that the current trend does not support a significant rebound; we are in a phase of oscillation and divergence. After obtaining liquidity, the market will reassess its direction. $BTC
