As long as the previous high of 126000 is not broken, there will always be people shorting and bearish. The only bull and bear determination for BTC is the 365-day moving average. Currently around 99400. So in the future, if it goes below 100000, we will see bears and can short to the fullest.


The big crash hit 102000, then quickly pulled back to above 110000, because it can't be too close to 99400. If it gets too close, it won't be able to cut the retail investors up and down. Retail investors can go long casually; if it breaks 98000, they will leave, and no one can cut them.
The position close to 99400, they also don't want to let you leak it out for you to copy.

In the same way, judge the top of a bull market, it cannot be too close to 100,000. If it's too close, not many people will get hurt. Once it breaks 100,000, everyone knows it's a bear market and they will all run. If 126,000 is the top, retail investors will lose 26,000. That's not enough loss!
On August 5th last year, 49000 BTC was the 365-day moving average. In April this year, it originally dropped to over 80000 but didn't want to drop further. As a result, in April, tariffs came in, and 75000 was the 365-day moving average at that time.
In the last bull market, the top was 69000, and the 365-day moving average was at 46000, dropping to 23000. 23 divided by 69 equals 33.3 percent. Therefore, it is said that BTC will not have a pullback of one-third. Because if they plan to go bearish, this one-third decline needs to fluctuate back and forth, making it difficult for people to understand whether it will fall or rise, in order to distribute the holdings.
The most powerful strategy for spot trading is to buy heavily once every couple of days. If it touches the 365-day moving average again, then buy heavily once more; if not, just lay flat.
The daily closing of BTC has broken 99400, directly liquidate and delete the app.
When it rises, leave when you've made several times.

Contracts, all positions that took a 5000-point hit were wrong! All positions that earned a 10,000-point profit were right and should have been exited, except for the one that truly hit the century peak.
So when it comes to trading contracts, how much money you can earn can be calculated based on this range.

When will we touch the big top? When the BTC price is 30 to 40 percent higher than the 365-day moving average, or even 40 to 50 percent higher, and the spot market sentiment is high, with retail investors shouting and cheering.

instead of when it's around 20 percent, for example, 126000.
BTC0.12%
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GateUser-7dad9aecvip
· 10-13 08:58
Watching Closely 🔍
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