$70K. That was the level. The one every chart, every analyst, every thread was screaming about. "Hold $70K or we go lower.
We didn't hold it.
We didn't even bounce. We sliced straight through it like it was nothing. That's not a test—that's a breakdown.
Now what?
The truth is uncomfortable: the path of least resistance is now undeniably down. All those "support" lines on your chart? They're turning into overhead resistance faster than you can scroll.
What This Means:
· The game has changed from "buy the dip" to "survive the slide."
· Every minor bounce will be sold into until a major, high-volume support zone is found.
· The next real support isn't clear until we approach $65K. That's the next psychological and technical battleground.
Your Move Isn't a Guess. It's a Checklist.
1. If you're in a long spot trade: This is a storm. Do not panic-sell at the bottom. If your thesis was long-term, nothing has changed but the price. Consider staking in Binance Earn to earn yield while you wait it out.
2. If you're trading with leverage: Your margin is your life right now. Reduce it. Immediately. Volatility is a leverage killer.
3. If you're waiting to buy: Have your levels set ($65K, $62K) and wait for the price to stop falling and start consolidating. Don't try to catch the knife. Let it hit the floor first.
The crowd is panicking. The charts are red. This is where discipline separates the traders from the reactionaries.
The trend is down until it isn't. Don't fight it. Manage it.
Are you holding, hedging, or waiting on the sidelines?
Tell me your next play below. 👇