$BTC $ETH $ZEC 💥🔥🌈Recently, the cryptocurrency market has declined again, with Bitcoin's price breaking support. Has the market hit rock bottom? Analysis shows that it has attracted widespread attention from investors, and it may still be in the early stages of a bear market, where caution is needed for bottom-fishing.
From a technical perspective, Bitcoin has entered a technical bear market after breaking below the 60-week moving average, with signals such as weakening MACD momentum and price-volume divergence, similar to characteristics seen at the beginning of historical declines. Meanwhile, the 'four-year cycle' market psychology intensifies selling pressure, creating a self-fulfilling expectation of decline, and institutions may also take the opportunity to short. #巨鲸动向
📈In terms of operation, blindly bottom-fishing is not recommended. Consider lightly positioning short orders during rebounds, but avoid chasing shorts. If Bitcoin breaks below the previous low of $80,000, then a short-term long position can be attempted, with Ethereum reference around $2,600. Additionally, altcoins have recently shown relative resilience, and funds have not completely exited, so it’s worth paying attention to popular sectors like AI and RWA.
Overall, bear markets often do not signal a bottom clearly; before emotions are fully released, maintaining patience and cautious positioning is the best strategy. #加密市场观察 #隐私币生态普涨
