【BTC Legion Collection 🐶🔥 This segment won't surge, it might really be gone】
I stared at the market for a whole four hours, barely daring to blink. The position at 89600 has been rubbing back and forth, much like the scumbag who chased me back in the day — playing hard to get, neither up nor down. Current price 89669, with the low slightly higher, RSI stuck at 48, neither strong nor weak, a typical phase of oscillation and accumulation.
To be honest, this market makes people feel uneasy. It has been hovering on this line all week, unable to break through or fall apart; the main players are playing dead too seriously. But the instincts of seasoned traders tell me: if this continues, it will either change direction or lead to liquidation, a choice between the two, and there's no escaping.
Let's talk about the optimistic scenario: this wave of oscillation is a washout, with the main players accumulating while pressing prices down, waiting for retail investors to hand over their chips before launching it up. Once it breaks through 91000 with volume, that will signal a new round of major upward movement, and I believe it could reach 100k before the end of the year. Moreover, the on-chain data has been quite stable recently, with many signs of big whales quietly accumulating, not just wishful thinking.
Will you try a position at this level?
But we also have to guard against a black swan. If there’s a sudden change in the Federal Reserve’s tone, or if the US stock market leads a plunge, BTC might first pull back to 86000 or even 85000 to replenish liquidity. This kind of movement is the most torturous, with continuous downward pressure, leverage getting wiped out, and even faith cracking.
So my strategy is very simple: hold the core position steady, wait for the wind to come; for short-term trades, lightly buy on the long side, with a stop-loss set below 88500. If it truly breaks, accept it, don't resist; if it soars, we won't be greedy and will exit in batches.
Brothers, this segment is truly critical. If it doesn’t surge, it might really be gone; if it does surge, you might also get left behind. But then again, which bull market hasn’t emerged from entanglement and doubt? 🐶 Hold on, don’t lose your armor.
This is not investment advice; I'm just watching MEME again. $BTC #BTC
