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#BTC# Recently, I have been bearish on BTC at 110,000 - Ether at 2880. The day before yesterday, I went long at 103,800 once and made a profit before exiting. Then I turned bearish again, but was trapped by Trump's news of a trillion-dollar impact on Bitcoin, which then started to fall.
Overall, the strategist's thinking is correct. Before the broadcast ended yesterday, I mentioned that 103800--2473 can be a good entry for a long position, but with a small stop loss.
I clearly stated that if BTC falls below 103800, it will go to around 102600-102300. This has been clearly mentioned, and if you didn't hear it, then you were wandering around and missed this information.
Today is still a weak market.
But it has the flavor of a bottom, so has it stopped falling at this position? The strategist clearly tells you that it hasn't (there's a certain probability we might see Bitcoin starting with a 6 again). Don't be surprised; anything is possible in the coin circle. You might say the mining cost, the institutional cost, Trump's shouting, and various countries' mixed good news regarding Bitcoin won't let BTC fall. This is all retail investor thinking.
Will the miners not stop working? Will institutions not sell? A panic sell-off is coming, and all the good news is just an illusion (except for interest rate cuts).
The strategist's judgment comes from observing history. BTC has experienced two instances of weekly divergence in the past, with each decline being astonishing. Currently, we are at the crossroads of the third divergence, and I believe this time will be no exception. Additionally, the war between Israel and Iran, as well as the current signals indicating no interest rate cuts, have already planted a trillion-level TNT bomb.
Don't let emotions dictate your trading; we need to approach it rationally. Even if we don't make money, we should try our best not to lose money.
For the entire market, we are all chives, but wouldn't it be better if we could be smart chives? The above is the strategist's view and analysis of the future.
For the appreciation of all the great gods. If you don't like it, please don't spray.