Retail investors are waiting for even lower levels. It's understandable to go in when BTC is at 100,000. I can't understand why some still don't dare to buy at 90,000.
I looked at the on-chain data. Over the past week, the price has indeed been declining, but the whale wallets' BTC holdings have been increasing... I don't know why.
When BTC was at 100,000, the target was 95,000; at 95,000, it was 92,000; at 92,000, it was 88,000; and at 88,000, the target was 85,000. You are all waiting for even lower levels...
The four-hour naked candle hammer pattern combined with the daily and weekly RSI oversold signals just just confirmed at 90,000—I'm still bullish long-term. No bottom-fishing can guarantee immediate gains; often, it's a trap. It's all about how you manage your position in this process.
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What to do in a market of extreme panic?
Retail investors are waiting for even lower levels. It's understandable to go in when BTC is at 100,000. I can't understand why some still don't dare to buy at 90,000.
I looked at the on-chain data. Over the past week, the price has indeed been declining, but the whale wallets' BTC holdings have been increasing... I don't know why.
When BTC was at 100,000, the target was 95,000; at 95,000, it was 92,000; at 92,000, it was 88,000; and at 88,000, the target was 85,000. You are all waiting for even lower levels...
The four-hour naked candle hammer pattern combined with the daily and weekly RSI oversold signals just just confirmed at 90,000—I'm still bullish long-term. No bottom-fishing can guarantee immediate gains; often, it's a trap. It's all about how you manage your position in this process.