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$btc
The rebound didn't go very well. If 67000 doesn't hold, the bulls could be in a bit of danger.
These past few days, it's the Chinese New Year in China, and the US is also on holiday, taking a few days off. Not much movement, returning to the "front lines."
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GateUser-9321f91fvip:
Flee...
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Waking up early and seeing almost the entire internet criticizing, a certain active KOL is now turning into a negative asset for a certain exchange.
Social media traffic is also a double-edged sword; if you're not careful, it can backfire.
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The US stock market temporarily dipped below 6780 and then recovered. But what is meant to come will come eventually. The more they do this, the more they will trap more bulls at the top, blowing cold air on the peak. Of course, long-term investors who hold for five or ten years are an exception.
BTC is even more uncomfortable. It doesn't rise when the market rises, and when the market falls, it starts to follow the decline.
Come on, everyone guess—where will the SPX500 bottom be during the mid-term election adjustment?
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If PayPal continues to decline, it should be acquired by Elon Musk soon. It is both his path to success and the most valuable acquisition at the moment, which can strengthen Musk's business empire.
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$btc
Don't just go up to 80,000 and then drop to 50,000. Have a good New Year.
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There are more and more stupid comments and filler posts on X. It's really annoying, so I think I'll take a few days off.
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I forget who said his short position was liquidated at 73800. Seeing this tweet, I suggest not holding the position.
Let's see if 693 can be effectively broken below. If it breaks, the next levels could be 685 or 670. It's best to find a good exit point during this correction.
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Take advantage of the three-day break in the US stock market to give the retail investors some hope of a rebound, otherwise next week it will be dragged down again by the US stocks.
Currently, US stocks are so high that even if you say they are on the moon, they will still fall.
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Many of the indicators that tried to predict the previous Bitcoin bull run have become useless; during the peak of BTC, those indicators almost didn't trigger.
In this bear market, many of those same indicators will also become useless. Don't believe it? Just wait and see.
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This morning, a buddy told me: he's extremely bearish on the market, but he doesn't openly say he's bearish, only bullish. Because being bullish is too easy, and if he gets it wrong on a bearish call, he'll be chased and criticized by the trolls. So now he doesn't publicly express bearish views anymore; he only shares his true thoughts in private conversations.
In this market, it's really not easy to consistently stick to your true opinions, but I've become immune to it. When I see that kind of behavior, I just block them directly.
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It has been held above 68,500. Short positions are temporarily surrendering; look for another opportunity.
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There’s no reason for the US stock market to go up right now. Keep pushing and it will still go down.
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$btc
is likely to continue downward along with the US stock market. The 60,000 level probably won't hold, so avoid casually buying the dip above 60,000, especially when leveraging to buy the dip.
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Have you watched the TV series "Peaceful Years"?
What are your thoughts and opinions? Let's talk.
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$btc
is being held down by the downward trend line and can't break through. It looks like it's heading downward again. It's very likely that it didn't reach 64,000 yesterday, but it will today, and we're heading for a second test.
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Wow, I just saw a video saying that China is starting to allow burials, and it turns out it's true.
There really aren't many people anymore. In the past, we were worried about not having enough farmland, and burials were not allowed in rural areas. Now, in rural areas, especially in mountainous regions, large tracts of land are left abandoned.
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It seems that the liquidity below has all been withdrawn. Continuing to push downward isn't profitable for the whales, whereas there is plenty of liquidity above 67,000.
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I have already reduced my position significantly, for reference only.
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