I've wet myself,
Last night the rapid decline,
I was curled up in bed shivering.
During this time, I've experienced round after round of beatings,
I believe many people are starting to acknowledge that it is finally a bear market.
I consider myself a dead bear, initially criticized too harshly,
Around 126000 I mentioned it had peaked, the bull market was over, everyone was shorting.
At that time, many people wished they could skin me alive.
I've heard that the ancient sickle and red jade have gone crazy these days, and a community that had been dead for a long time at three in the morning suddenly started cursing.
They say CZ is bankrupt, asking the first sister to be his mistress, claiming to report Zhou Hongyi for financial fraud, this can be tried,
Anyway, they speak without thinking, their words are all over the place,
I've heard it's the 11th, liquidation, losing everything overnight, mental breakdown, and the CPU burned out directly.
To be honest, it's not worth sympathizing with the gamblers, including me.
So what, wealth and cognitive blessings are related, ill-gotten gains, even if obtained, there are 10,000 ways for heaven to harvest you, even if you can keep your wealth, heaven won't let you keep your life.
Alas, it's lamentable and sad.
These days, Japan is raising interest rates, stirring the world's nerves. The yen is strengthening, funds are flowing back, liquidity is declining, then the US stock market and the crypto circle will either retrace or crash.
Institutions and individuals have almost withdrawn their investments in advance to avoid risks.
Tonight's US non-farm payroll data, I personally think it should be relatively good, Trump has forced the Federal Reserve to cut rates three times already, now he wants to create a strong economy and strong employment, which is beneficial for the mid-term elections.
Recently the US stock market has corrected, I think it is also a temporary correction, the AI bubble will not happen now, so everyone should not panic, the US economy will not collapse systematically.
Currently, from the daily chart pattern, BTC has broken below 89000, trendline support, MACD dead cross, there is a need for further correction, it is still in a downward trend, short rebounds can still be considered. But as long as it doesn't break below 80,000, retracements can still be long.
On the hourly level, BTC has not broken below 85000, I suggest a retracement to 85800 to go long, stop loss at 85000, target 87500.
From the sentiment indicators, around 11, if the data retraces in the next couple of days, you can gradually enter, I suggest 83000, adding three layers for every 1000 points down.
No one is forever a king, there are no eternal winners.
Trading has always been about probability and luck.
However, some shameless people actually establish a persona of always making profits.
You just know how shameless these people are. $BTC