$BEAT The market has reached this point, and we need to be clear: the range of 1.8-2.0 is a critical position for the bulls. If this position cannot be held, it won't be a gradual decline anymore; it will be a rapid downward movement.
Yesterday, I mentioned the high probability of a halving, and there was reason behind it.
Given the current situation, those seeking stability can completely take the profits from short positions around 2, pause, and observe.
Don’t just think about catching the whole fish tail; the key is to see clearly whether this support can hold.
If it holds, we can discuss it again; if it breaks, then it’s a different story.
Remember, critical positions are often just a layer or two of window paper; it’s calm before it’s broken, and once it’s broken, it’s a whole new world.
Right now, all eyes should be focused on the contest around 1.8-2.0.
