#数字资产代币化浪潮 Is there still a pullback space of ten thousand points? Alts are experiencing a collective bloodbath. The market window is fleeting. Seeing the right direction is just the starting point; what really makes the difference is whether one dares to act. $BTC In this round of pullback, those who are watching and those who are positioning will be revealed three months later.

#数字资产代币化浪潮 The recent sell with bearish market after Bitcoin broke 100,000 is more intense than expected. Since the peak of 107,400 this week, the bears have almost pushed forward with overwhelming force, and every sporadic rebound has been quickly swallowed up. Institutional-level selling has directly added to the downward channel, and market sentiment has completely shifted to a defensive posture. Interestingly, the entire network is still calling for target prices of 110,000, 120,000, or even 150,000, with long positions piling up like small mountains. But the market never follows the script of the majority — the more consensus there is on a price point, the more likely it becomes a contrarian indicator. Personally, I judge that there is a high probability of another deep correction coming up, and the position of 88,000 is not out of reach. Retail investors are always accustomed to rushing to sell, but rarely actually manage to catch the structural bottom. Looking back at history, we find that Bitcoin has always followed the cycle rhythm of "three years of rise, one round of fall." After such a long period of increase, entering an adjustment period now completely aligns with the operational logic of a mature market—this wave of decline may just be the prologue. The technical indicators are clearer: the weekly chart has fallen for three consecutive weeks, with selling power dominating absolutely. The price continues to operate below the long-term moving averages, with weak rebound strength and sufficient downward momentum. So the long-term target points directly to the 88,000 area, and there is still room for further decline after breaking below. $BTC $ETH

After Bitcoin broke through the $100,000 barrier, the market has dramatically changed. Since the peak of 107,400 this week, the downward trend has already begun. Those sporadic rebounds? They are just providing ammunition for the bears. Institutional funds continue to flow out, directly widening the downward channel by one level. Market sentiment is quite interesting - the entire network is shouting that 110,000, 120,000, and 150,000 are bottom signals, and buy orders are piling up like a mountain. But the rules of the crypto world have always been this way: when most people bet on a certain price point, the price often breaks in the opposite direction. The technical aspects are more straightforward. A three-week consecutive decline indicates a standard strong bearish structure. #美国终止政府关闭 has been operating below the key moving averages for a long time, and the dominance of sellers is quite evident. More importantly, the historical cycle: Bitcoin consistently follows the rhythm of "three years of bull market, one round of bear market," and the digestion period of the previous gains has now arrived. 88,000 is much closer than I imagined. Retail investors can never catch the true bottom—because the real bottom is often hidden after despair. In the long run, the 80,000 mark is the real battleground for speculation. If it falls below, continue to look down. $BTC $ETH