#BuyTheDipOrWaitNow?

#当前行情抄底还是观望？
Over the past week, Bitcoin’s price action has clearly shifted gears moving from relative strength into a full risk-off environment. On February 6, BTC briefly slipped below the $60,000 mark, reflecting heightened volatility and a strong correlation with global markets. U.S. equities, gold, and silver all turned sharply lower at the same time, reinforcing a broader macro-driven sell-off rather than a BTC-only event.
From a technical standpoint, Bitcoin’s decline now resembles capitulation mixed with weakening sentiment. Key support levels that had held price for months were broken, signaling that this move is more than a shallow pullback. Instead, BTC appears to be entering a short-term stress test phase, where structural support must prove itself. If buyers hesitate, downside pressure could extend further before stability returns.
My Trading Insight & BTC Bottom Outlook:
Critical Support Zone: $60,000–$65,000
This range has become both a psychological and technical battlefield. A successful reclaim and hold above $65,000 could slow the decline and lead to consolidation. However, failure to defend this zone may open the door to another wave of selling driven by fear and momentum traders.
Short-Term Relief Bounce Potential
With momentum indicators flashing oversold conditions, a relief rally remains highly possible. If demand steps in at value zones, BTC could rebound toward the $68,000–$72,000 range. For short-term traders, this presents opportunities but only with tight risk control and clear invalidation levels.
Medium-Term Recovery Scenarios
Despite current volatility, BTC’s broader structure still allows for a rebound toward the mid-to-high $70,000s if macro sentiment stabilizes or risk appetite returns. Bottom-fishing here is not about blind buying it’s about calculated scaling near key support, not chasing green candles.
🚨 Risk Reminder
If BTC fails to hold its current support, the decline could accelerate. Markets remain extremely sensitive to global risk signals, and sentiment can flip quickly. In this environment, risk management matters more than prediction.
📌 My Bottom Expectation for Feb 9
Based on current structure, volume behavior, and sentiment, I expect BTC to form a probable bottom between the mid-$60,000s and low-$70,000s by February 9. This is the zone where buyers are most likely to step in and attempt to stabilize price action.
Conclusion
Bitcoin’s pullback is being driven by a combination of fear, macro pressure, and technical breakdowns. Traders who stay disciplined, respect key levels, and plan phased entries are better positioned to navigate this volatility. Emotional reactions whether panic selling or FOMO buying often lead to poor outcomes.
📅 Analysis Window: February 6 – February 9, 2026 (UTC+8)
$BTC ‌