睡前,给空头们再增加一波信仰。
下面是老外博主,知名教父对市场的解读。
BTC
Current situation:
Deviation above the previous highs. Most people expecting $40k+. It would be perfect if that level gets front run.
The level of greed, arrogance and cockiness is reaching extreme levels. It reminds me of when price was at $45k-48k back in March-April 2022. I was calling for $21k-23k back then and the hate level was very similar in percentage. But there's a big difference now; price is much lower and fundings are much higher (reaching ATH levels)
The market will tell if the bear market rally / manipulation thesis was right or not. In my opinion it's very clear, and if that's the case... it could be fully retraced within a few days/weeks. That's why I prefer to be stay out of the market still.
The $30k-31k level should show some support since it was the main level for a long time and there will be a "S/R flip narrative". Probably a short-term bounce from there if reached. Actually, if it breaks below $35k, it would confirm all the bearish divergences and they are strong enough to take the price below $30k eventually. Below there, the only support would be $25k but it has been tested several times and with that trend break it shouldn't hold. That would take us to the main target of $12k.
Not opening any new positions yet until more confirmations are given. #BTC
晚安,兄弟们~ GN! ????️????