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A few days ago, I mentioned if BTC drops back to 80,000 by the end of the month, would you still dare to buy the dip? Now it looks like this dip can only be short-term bullish, no way to hold long-term. If you listen to Aunt Mu's saying that 90,000 is the bottom, then the bulls will die without a burial ground. The Federal Reserve pausing interest rate cuts and regional tensions intensifying, the negative impact will continue.
BTC 80,000 will definitely be broken in the near future, and the support around 80,000 is the monthly EMA30, which is about 78,800. The first break usually rebounds to 82,000-83,300 once or accelerates downward to around 74,400 before slowly recovering above 82,000. So below 80,000 is a good entry point for any low buy. 74,000 is a watershed; if it falls below this in the future, the next major low will be around 64,800. Long-term trend positions can be held firmly without change, while bottom-fishing and short-term bullish trades should be quick and decisive.
BTC retracing to the 0.618 level of the big wave from late 2022 to the peak in 2025 may be close to the bottom of the bear market, around 50,880. This level is very likely to be reached within 2026. #加密市场回调