
                                    <div>
                                      <h3>Market View</h3>
                                      <p>Bullish on BTC, gradually buying as price declines</p>
                                      <h3>Trading Strategy</h3>
                                      <p>No active trading, no interest in alts, slowly scaling back into BTC as price drops</p>
                                      <h3>Core Logic</h3>
                                      <p><ol>
    <li>
BTC has returned to the early 2024 range, which was choppy and lasted about 8 months
    </li>
    <li>
watching for where price stabilizes and using high volume nodes to identify potential support
    </li>
</ol></p>
                                    </div>
                                    

$BTC That $74K area didn't hold for long. Now trading back in the 2024 price range before Trump got elected.
Price action around here was rather choppy and BTC spend about 8 months here.
Best thing is to wait and see where it stalls out to see if it starts ranging again. The high volume nodes can give a decent indication of where some support might be found.
My approach remains the same. No interest in alts, not trading actively, just slowly scaling back into primarily BTC as price goes down. Key word: slowly.

Twitter

Bithumb, one of South Korea's largest cryptocurrency exchanges, has just shaken the market with a serious internal incident related to the distribution of rewards...

A Bithumb exchange employee accidentally 'gifted' 2,000 Bitcoin to a user, causing the price of BTC on the exchange to suddenly drop by 10%.

Author: Nancy, PANews
Original title: No Black Swan Events, Four Atypical Guesses About the Culprit Behind Bitcoin Overselling
---------------------------------------------------------------
A black swan-style crash has arrived, but we haven't seen where the black swan is, which is even more unsettling.
Almost without warning, Bitcoin suddenly plummeted, entering its third-largest oversold zone in history, causing both long positions to collapse and psychological barriers to fall. This has left the market perplexed...

The absence of black swan events suggests there may be other reasons for Bitcoin's current oversold condition.

Bitcoin ($BTC) has recently gone through a sudden shift on Bithumb, a well-known South Korean crypto exchange. In this respect, the $BTC/KRW trading abruptly plummeted over 10% below the worldwide ave...