Analyze the damn thing, day after day, just take your goods and be done with it.
区块-佛爷
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No matter how high BTC rises, there will definitely be a significant drop starting with 7. Regardless of how high BTC rises this time, the eventual outcome will be a drop to the vicinity of the number starting with 7. Whether BTC rises to 89600, 92000, or even 94000, it cannot escape the fate of a major decline. Why? 1. It is not yet the time for a substantial surge; whether in terms of sentiment, funds, or news, none of these factors are ready. For BTC to experience a major rise, it must coincide with a rate cut by the Federal Reserve, and there is currently no clear stance from the Fed. Therefore, the recent rise is merely a significant rebound, not a reversal. 2. From 100,000 to 70,000, there are too many trapped positions above, and without a rate cut from the Federal Reserve and without new funds entering the market, liquidity remains unchanged. Existing capital and current retail investors cannot support a rise to 100,000. The main players cannot possibly clear all the trapped positions in one go and then become the ones manipulating the market to help retail investors break even. 3. Before a significant rise, there must be a bloodbath among retail investors; otherwise, the weight of the vehicle is too heavy to pull up. Therefore, there will definitely be a drop that exceeds your cognitive range, and there will certainly be a deep spike. BTC cannot rise without significant drops and spikes. Hence, do not chase the long positions in the spot market; there is still an opportunity for a major decline, and this opportunity may even break 70,000. Altcoins may also reach new lows.
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