💖 @听澜321 I saw my own shortcomings But I’m not hung up on their good or bad!
Becoming a better person is a process of spiraling upward So I accept all my imperfections The more I grow toward the light The more I must put down roots in reality
There’s no end to personal growth It requires continuous self-reflection and deepening I’m willing to walk alongside the light And also to hold on to my true self in the midst of everyday life Slowly, I live into the version of myself I envision~
💖@听澜321 Keep pushing forward, charging up for the glory ahead! Every positive transformation Is hidden in every unwavering love and support. Thanks to all who have been with me. May the future shine brightly step by step~☺️
Today I'm analyzing the recent price action of $BTC and sharing some thoughts on future movements.
Right now, BTC is just grinding between 62k-64k, not going up or down. Isn't it just so frustrating? If you think it's annoying, you’re spot on. In the short term, I see two potential paths. 1. We might be stuck grinding at the 60k mark. If we rebound to around 65k, that's a short-term exit opportunity; if we test the 60k support level and dip into the 55k-58k range, there will be bottom-fishing buying pressure pulling us back up. So overall, expect some sideways action with a slow bleed, maybe up one day, down three days—just a back-and-forth washout. 2. There's a chance for a quick bounce back. We probably need to meet two conditions for a bullish bounce: the Fed easing its stance on rate cuts, plus ETFs halting redemptions and starting to see net inflows. Only then could we see a rebound, peaking around 72k-76k but likely pulling back after that.
The recent Fed decision just threw a bucket of cold water on the crypto scene! Interest rates are holding steady, but the rhetoric is all hawkish, with no rate cuts in sight this year, and half the officials hinting at another potential hike 😰
BTC took a nosedive right away, with over ten thousand liquidations in just one night; leverage traders are taking heavy losses.
Let’s break down ETH levels:
Short-term support is at 1800; if it can’t break through that after repeated attempts, it's looking weak;
The first line of defense below is at 1750; if that breaks, it could trigger a wave of long liquidations, and next we’re eyeing 1700;
Short-term resistance is at 1820; if we can really see some volume and hold above that, we might have a shot at 1850;
My personal advice: It’s not the right time to go heavy on bottom-fishing; let’s wait for the Fed's negative sentiment to settle down and the levels to stabilize before making a move.
What do you think? Feel free to drop your thoughts in the comments 👇🏻