After entering November, Bitcoin has been like it’s frozen, with hardly any decent fluctuations. The price has been oscillating within a certain range, and this kind of consolidation is often not a good sign. Many people are waiting for a breakout, but what I see more are risks.



Honestly, I am quite pessimistic about the future market. From a technical perspective, the range of 115,000 to 125,000 USD is very likely the peak of this wave of Bitcoin’s rally. Once confirmed, breaking below 80,000 USD might just be a matter of time.

This is not a temporary correction but a signal that the bear market has officially begun. Sideways consolidation, lack of new buying interest, weakening technicals—all these factors together confirm the same judgment: this rally has been overextended. The next phase of the market should show a clear downward trend to validate this bear cycle. For holders, it’s now important to prepare risk management plans.
BTC-2,35%
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NFTPessimistvip
· 6h ago
I think your judgment might be too pessimistic, but sideways trading is indeed uncomfortable. Sideways trading is hard to predict, just wait for a breakout. Bear market? Bro, you've been predicting that since last year. Only crazy people are still daring to go all-in now. If 80,000 can't be broken, the support is very strong. But indeed, it's time to consider stop-losses, really.
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InfraVibesvip
· 6h ago
We've been sideways for so long, it was about time to fall. I'm really tired of it. --- Below 80,000 I might consider buying the dip. Holding coins now is just gambler's mentality. --- It's the same old story. How are those who said this last time doing now? --- Is the bear market starting? Please don't scare me anymore, my mental state is collapsing. --- Weak technicals? That's BS, it's just a lack of incremental funds. Don't dress it up so professionally. --- Risk contingency plan? My plan is to cut losses and lock in profits. --- Here comes the overextension theory again. I'm tired of hearing that word this year. --- 11.5 to 12.5 is the top? Why didn't you say so earlier? --- Waiting for 80,000, then continue to get cut. --- The atmosphere is indeed off; it feels like it's going down.
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FalseProfitProphetvip
· 6h ago
Been consolidating for so long, it does feel a bit oppressive. But if it really drops below 80,000, then it will be the time to buy the dip. By the way, this kind of sentiment is always shouted during every market cycle, half-believing and half-doubting... Starting to bearish again? It was the same last year around this time. Bear market cycle? Forget it, I’d rather wait and see how the technicals confirm before saying anything.
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GateUser-00be86fcvip
· 7h ago
It's been a long consolidation, which is indeed uncomfortable, but I think 80,000 is too pessimistic; history always repeats itself. By the way, is this time really different? I said the same thing last year. Let's wait and see. Anyway, I've already cut my position in half. If you're scared, just be scared. Now I don't dare to chase the highs; it feels a bit risky. Winter is coming, so keep your wallet safe.
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0xTherapistvip
· 7h ago
This consolidation is really something else, feels like it's building up for a crash. Here we go with this logic again, saying we've topped out every time, but what happened? 80k is the bottom? I think it can go even lower, when the bear market comes just stick with DCA. Lack of buying pressure is definitely an issue, but saying we're exhausted seems premature. Coin holders must be having the toughest time right now. This dip is another buying opportunity, why panic? Weak technicals? I saw it coming already, should've cut losses earlier.
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