Is 60,000 the bottom? Clearly not. The real bottom is gradually formed over time. At that point, no one will be adding faith, and almost no one will be calling for a bottom. Human nature is the only constant.

If I were to predict a scenario, it would be a move back to 50,000, with bears closing their positions, followed by a black swan event. 40,000 or 30,000 are also possible. But guessing the bottom is pointless; retail investors love to guess the bottom, which makes it easier to lose money. What you should do next is stick to your discipline, avoid going long easily, and if you do take a position, just take a quick bite and then run.

BTC price has come down to the 60,000 range as expected. This zone has accumulated quite a lot of chips. It might consolidate for a short period. I won't try to go long here. The 50,000 level could be a good place to set a lucky order—if it hits, great; if not, no big deal. The bear market tests patience severely. Remember, never hold onto a position through the entire decline.

BTC Resistance level: 66,000, Support level: 60,000
$BTC $ETH #当前行情抄底还是观望？ $BTC