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💥 $BTC It's a 10% explosive pull in one day, this script seems familiar?
🔥 Come on, let's review!
1. This is not an isolated case. It basically happens every month — first a rebound to a new high, then a crash. History does not repeat itself, but it always rhymes.
2. What's next? Based on multiple experiences of being hit: first a second bottom, the second bottom higher than the first, then a rebound to test the major resistance at 74,000. False breakout, drop back, bloodbath, breaking below 60,000. All in one go.
3. This thing has a technical name called "continuation of decline" or "descending flag". In plain English: drop for a while, rebound and consolidate, then drop again. Common as a pancake stall on the roadside.
4. So, I said a couple of days ago, don’t short at 63,000. If it’s a continuation, the rebound could make you question your life choices. Now that the rebound has actually come, my plan is: to gradually lay out low-multiplier long-term short positions at 71,000 and 74,000. If there’s no interest rate cut in March, the odds of another drop are not low.
5. How to view the short term? I was watching the market until midnight last night, just betting that Nvidia's earnings report would drop after the good news was fully digested. BTC dropped from 70,000 to 67,000, a 4% drop, shorted a little, it’s okay. But I don’t think it’s done dropping, there might be another shake when the US stock market opens tonight.
6. So should we chase high positions now? Forget it, let others make the money. My strategy is simple: wait for 71,000 and 74,000, if it dares to come, I dare to short. The advantage is on my side.
In a bear market, being in cash can outperform 90% of people. Play with a small position, and when there's an opportunity, strike hard again!
Green charts hit different today ☕️📈 $BTC holding strong above $68K, $ETH pushing past $2K, $SOL waking up again. Even alts started moving, and $DENT decided not to wait for permission at all 😄
Looks like buyers finally showed up. Let’s see if momentum stays or if the market just wanted a quick coffee break before the next move.
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Market sentiment cools down, "Ghost stories" start to spread. In a bear market, rumors abound. One moment saying OKX is out of money, The next moment spreading that Binance has insufficient reserves. So we don't listen to stories—— We look directly at the data. Mainstream exchange reserve scale (in hundred million USD): 1️⃣ Binance: 1271.1 (leading the gap) 2️⃣ OKX: 268 3️⃣ Bitget: 56.5 4️⃣ Bybit: 51.4 5️⃣ Gate: 47.9 6️⃣ HTX: 44.5 7️⃣ MEXC: 43.3 8️⃣ KuCoin: 33 9️⃣ Crypto.com: 20.3 What does this mean? Binance's reserve scale is higher than the total of several others combined. What is the essence of reserves? It is user assets backing, It is liquidity buffer, It is the "safety cushion" in extreme market conditions. Bear markets easily amplify panic, But what truly determines the margin of safety—— Has never been group chat screenshots, But transparent data. Refuse noise, Make rational judgments. Sentiment creates volatility, Strength determines survival. #加密市场反弹 $BTC
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