Nothing is absolute; you only know if you can do it after trying. If you back down at the beginning, you are destined to fail.

Hello everyone, I am trader Gege. Bitcoin has fallen below the 80,000 mark and is currently rebounding around 78,200. This drop from the 99,000 level has exceeded a decline of 20,000 USD, and there hasn't been a significant bullish rebound along the way. The bulls have been pressed down, and there hasn't been a single opportunity to lure in buyers. This kind of market structure makes me even more convinced that the bull market has not ended.

There are many voices in the market; when it rises, they shout "bull," and when it falls, they shout "bear," like a weather vane. I still hold my view that as long as the bull-bear dividing line is not broken, I firmly believe the bull is still here. Where do I define the bull-bear dividing line? You can refer to my articles from a few days ago. In my view, this drop is merely due to the market being too heavy and a normal washout, given the strong bullish sentiment.

If this were a pre-bear market crash, there would definitely be repeated bullish lures. My expectation for this market is that a golden pit will appear, followed by repeated fluctuations to build a bottom before launching into a crazy bull market tail. The above statements are my personal reflections after experiencing multiple bull and bear markets; please refer to them at your own discretion, as they do not constitute actual trading advice. If you disagree, there's no need to lash out.

Now, let’s talk about the trading logic I provided in my previous article regarding Bitcoin's trend. About two months ago, I mentioned that regardless of how the market moves, there will be a subsequent filling of the gap between 85,000 and 83,000. This is a crucial point. Since the market has reached the expected level, it must be executed. Even if it turns out wrong, the losses are within expectations, so it’s not a big deal.

My strategy, including the strategies in my articles, mostly emphasizes following the market, waiting for confirmation before entering. This time, the operation is a contrarian left-side approach, based on the belief that the bull market has not ended and relying on the faith in the return of intrinsic value. Regardless, the current market has fallen below 80,000, but so far, the price movement is still within expectations, so there’s nothing to fear. Just follow your plan to deal with the upcoming market.

Let’s review the trend suggestions for Bitcoin. The key point is that if it breaks below 80,000, I suggest buying in batches around the 79,000 to 77,000 range. The current market has completed all the price expectations of the trend suggestions; what remains is to wait for the market to validate and plan your own risk control. I emphasize again that there are internal risk control measures, and friends following the trend in the article should weigh their decisions carefully.

Today, I won’t discuss the technical aspects because all trend suggestions for Bitcoin have already been executed. Analyzing the current market from a technical perspective would inevitably lead to a subjective viewpoint, seeking excuses to be bullish, so there’s no need to discuss technical matters. I also won’t provide short-term suggestions for Bitcoin today. If you have questions or are in a position, feel free to consult, and I will respond one by one.

The suggestions are for reference only; ensure proper risk control when entering the market, and manage your profit and stop-loss spaces accordingly. Specific strategies should be consulted in real-time.

Alright, friends, we’ll say goodbye until next time. I wish everyone success in their trading endeavors and smooth sailing in the crypto world! More real-time suggestions will be sent internally. Today’s brief update ends here. For more real-time suggestions, find Gege.

Written by / I am trader Gege, a friend willing to accompany you in your resurgence.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。