Is the bull market really gone?

Many retail investors are confused, should I cut my losses and leave, gradually buy the dip, or just lie flat and wait for death, or hold cash and wait for the market to rise? My mind is a mess, unable to tell north from south? Now I can only say that the price has indeed fallen below the bull-bear boundary.

Recently, there has been a sharp decline, and the whole market is in tears, the wailing sound has spread from Ukraine in Europe to retail investors on Wall Street. Ultimately, overwhelmed by sadness, exhausted mentally and physically, deeply distressed, it is still the retail investors in the crypto circle who bear all the pain and torment.

The United States is burdened with $45 trillion in national debt, pressing Trump to the point of breathlessness. Wherever there are interests, wherever money can be obtained, they will stop at nothing to pay off debts. The tariffs on Mexico and Canada should be implemented in March. Unless both countries surrender and obediently comply.

Ukraine, in the end, still negotiates and accepts the agreement from the United States. From this perspective, a ceasefire in the Russia-Ukraine war seems possible. Great Russia is once again embracing the United States, and just like all past history, directly points its guns at Country C.

To be honest, the greatest harm to the people of Country C has never been from the United States, but from Great Russia. If you look for real history, you will know that a nation with a history of brutal aggression, once it catches its breath, will first slaughter its former partners and neighboring countries. We all say, a dog doesn't change its habit of eating shit.

Currently, looking at the daily level of BTC, it has fallen below the bull-bear boundary, breaking below the bottom of the upward structure, with 90,000 as an important key support. So what can be confirmed about the current market is that the trend is downward, and one should reduce positions at key resistance levels during rebounds. Moreover, once the trend goes downward, it cannot immediately recover; it is only advised that everyone should trade short-term recently, make money and run, do not be overly ambitious. Currently, the upper pressure is around 90,000, and the short-term support below is 85,000.

At the weekly level, the MACD has formed a death cross, and the moving averages have also formed a death cross; the possibility of an immediate reversal is very small. I once thought and reminded multiple times that if there was a chance to rebound in February-March, one should clear their positions and leave the market; now, it seems there is no opportunity at all. The general direction is downward; everyone should operate cautiously and not be overly ambitious.

Looking at the sentiment indicators, it is 21 today; if it continues to go down, I personally still suggest gradually entering the market. If it reaches 10, one can go all in. Then during a rebound of 30-50 points, clear the positions and exit. Recently, one can only do short-term cycles; do not be overly ambitious, nor do I want to be ambitious. $BTC #比特币价格走势分析