Bitcoin hangs by a thread! The battle between bulls and bears is happening right now!
I am staring at the market, my palms sweating—Bitcoin is stuck at the critical threshold of $101,000. The short sellers are closing in, on-chain data and technical charts are flashing alarming red lights. If this level is breached, my intuition tells me that a waterfall decline will plunge straight to the abyss of $82,500, which is the market-recognized average cost line!
Now every candlestick is gripping people's hearts. If the bulls can counterattack from this desperate situation, perhaps they can spark a violent rebound. But look at those cold data: the NVT metric, which measures capital efficiency, is skyrocketing, indicating a surge in bubble risk; while the S2F model, reflecting scarcity value, is becoming ineffective, and the supporting logic is on the verge of collapse. This is clearly the eerie calm before the storm!
I smell blood. In the next 48 hours, either the bulls will fight desperately to hold the ground and welcome the dawn, or we will witness a stampede-style collapse. Don’t believe in any nonsense about a “technical correction”—$101,000 is the last trench; if it falls, $82,000 is definitely not the end!
The market continues to change, and we are closely monitoring it to seize new entry opportunities. Like and comment, let’s ride through the bull market together and seize this major opportunity.