BTC eventually fell below 90,000, and sentiment plummeted to rock bottom.
Some are cutting their losses and leaving the market, preparing for the next bull market; others are starting to position themselves for a bear market, waiting for a rebound to short the market. A typical "panic cycle" has begun again.
But BTC has just fallen back to the densely traded area below—the support zone I've been watching closely. The question is: will this be another familiar scenario?
Looking back at several key levels in the past: 30,000, 70,000, and 100,000, the entire market was shouting that the bull market was over, but BTC went all the way up to 120,000. Isn't the current sentiment very similar to that time?
Every major market downturn has someone jumping out and saying, "The four-year cycle is over, the bull market is over." From 2013, 2017, 2021 to now, it has indeed been a four-year cycle, but the market can't always follow the textbook.
If you continue to trade with the mindset of "marking the boat to find the sword," the result will be that you will miss out on one bull market and then miss out on the next one as well.
Institutional investors are always one step ahead of retail investors and understand human nature better. That's why they constantly create emotional traps, making retail investors hand over their shares.
My assessment of BTC: It's approaching 80s, but it's also nearing the rebound zone.
BTC has now reached the "80s", but the market will never only rise or only fall.
My range judgment is very clear:
📌 BTC Expected Rebound Zone: 86,000 – 77,000 📌 Rebound Target: 106,000
So as long as the goods are delivered to the location I want, I will accept them without hesitation.
ETH hasn't stopped falling yet, but opportunities are approaching.
Ethereum was hammered down to $2959 this morning and is now hovering around $3000. Daily highs and lows are trending lower, with selling pressure increasing; yesterday's trading volume reached a staggering $2.2 billion.
It's very simple: ETH hasn't shown any signs of bottoming out yet.
However, the bullish or bearish trend is still undecided, and I will observe from here:
📌 ETH buy the dips range: around 2758
Once things are in place, I'll consider boarding in batches.
A key signal has arrived: Counterfeit goods are not falling with the market; in fact, they are rising against the trend.
This is actually the most interesting change I've seen in the past two days.
When BTC crashes, the usual pattern is that altcoins "drop 1, then 10". But this time, some altcoins defied the trend and took off, completely ignoring the decline in Bitcoin's price.
This shows that:
The market can no longer suppress some high-quality altcoins, and funds in the market are willing to grab positions in advance.
If BTC stops falling, the rally in altcoins will be more powerful than you imagine. Clearly, market panic regarding altcoins has subsided.
Some key points:
- Newly listed projects on Binance generally have a market capitalization of 100-200 million.
- Even old knock-off brands have seen their market value drop to 100-200 million, which is not insignificant.
- There are fewer than 100 counterfeit products with a market value exceeding 1 billion.
→ This is very similar to a counterfeit "value compression in place" area.
If the "copycat season" begins, it's perfectly normal for these projects with market capitalizations of tens or hundreds of millions to see a 5-10 fold increase. Therefore, the current stage is suitable for picking a few oversold leading stocks in core sectors. I will be watching the following sectors:
PERP, DEX, stablecoins, Launchpad, platform tokens, RWA, DePIN, etc. Choose the top three in each sector.
Several other stocks with impressive trends:
- Astar : Binance's favored son, with stable income, a market value of tens of billions is not unreasonable;
- ENA and UNI : Pure value coins with obvious leading characteristics.
The privacy track is one of the strongest themes in this wave.
ZEC defied market expectations over the weekend, surging from outside the top 30 to the top 15 in market capitalization – a classic example of independent performance. The biggest advantages of the privacy sector are its lack of growth ceiling, strong narrative, and high investor acceptance . A move into the top ten wouldn't be an exaggeration.
Privacy is one of the few sectors besides ETFs that can truly attract new funds from outside the market in this round, and similar projects are also performing strongly, making them worthy of continued attention.
Finally, let me say this: this round of sell-off is certainly painful, but the bull market trend won't end just because of one stress test.
I've always believed that the more desperate the market is, the closer it is to a turning point.
The opportunity will be gone in the blink of an eye, everyone gather quickly!
Don't let hesitation delay your chance to make money, and don't get burned by worthless cryptocurrencies. Join Sister Miao and let's ride this bull market together!
Contact me via WeChat: Mixm5688
If you can't add the WeChat account above, you can contact us via QQ to prevent losing contact: 3806326575
