Did you catch the "needle" near 68000?
This wave of BTC retraced to 68000, and I just picked up some, my position isn't heavy, but my feelings are quite complicated. Everyone knows that MicroStrategy's average cost is around 75700, and this drop below the cost line makes me feel it's a signal.
I just checked on Dune, and although ETFs have seen net outflows, Grayscale's outflow speed has noticeably slowed. I placed my order near 68200, and I set my stop loss directly at 66500, after all, the needle just a few days ago poked down to 66000.
Let me share some trading insights: the most taboo thing in this market right now is going all in. I only moved 20% of my position this time, with the remaining 80% still waiting. You see, BTC's Ahr999 index is only 0.4, which is definitely in the dollar-cost averaging zone. But the key now isn’t whether to buy or not, but whether you can hold on.
Data analysis shows that the AI sector has recently shown signs of recovery, and Render ($RENDER ) just launched its distributed computing subnet, so I tried it out in the secondary market. I added 10% when the coin dropped to around 9.5; although the current trend is a bit tedious, the long-term logic is still there. The narrative of AI + Crypto isn’t over yet, don’t let the short-term pullback shake you off.
Next prediction: If BTC can stabilize above 68000 for three days, this bottom will basically be solidified. If it drops below 66000, then I’ll have to consider stopping losses and waiting on the sidelines. In this market, surviving is more important than making big money.
Are you currently holding cash waiting for 60,000, or are you like me, dollar-cost averaging around 68,000? Reply “666” or “888” in the comments, let me see how many still hold on to their goods.
$BTC $RENDER $FET