$BTC strong buying power at 86k, guys. The best scenario is to rebound to the 95k-100k range for altcoins to follow, then it will return to a downtrend.

However, to confirm this range has buying power from the buyers, we need more information today. If today's scenario is an increase with moderate volume, the probability of a full market recovery is 80%.

A bad scenario may occur if selling pressure continues to appear by the end of the day, usually from around 6 PM to 3 AM the next day. This is the time when the Americans and Europeans are awake and trading a lot.

2 cases for the bad scenario:

1. If the selling pressure is not too strong, then the BTC price will test the 85k-86k range again, and then recover. Altcoins will follow that recovery.

2. Strong selling pressure breaks the support at 86k, there is a very high possibility of a large long squeeze across the market, causing a pessimistic mentality for investors.

Personally, I lean towards a more positive scenario. So, here’s some advice for anyone holding or in futures or waiting to buy:

The recovery process will be an opportunity to restructure the portfolio; if the money is important, cut losses at an acceptable level. If anyone is holding cash and doesn’t know what to do, just put it into earning to gain interest. Or if you like to catch the bottom, catch with only about 10-15% of the account to ensure risk of loss.

Wishing everyone an effective strategy for successful trading.