$BTC has been oscillating repeatedly between 81000 and 84000 recently. This pattern reminds me of the previous oscillation between 76000 and 79000, which eventually led to a sharp drop followed by a new market trend. In my personal view, there are roughly two possibilities for the next month:
One is a breakout above 85000, pushing towards around 90000, then falling back to oscillate between 75000 and 80000, after which it finds support at the bottom and starts another trend. The other is continuing to oscillate for a few days before breaking below 80000, consolidating around 78000, and then further dropping near 75000.
If it really pulls back to the 75000–80000 range, I think it should be a good second entry opportunity. Of course, this is just my personal analysis and does not mean the market will definitely follow this script.
The crypto market has strong cyclicality, but short-term fluctuations and long-term trends are different matters. No one can predict every time accurately. What really matters is not guessing every high and low point, but optimizing buy and sell positions as much as possible to reduce ineffective holdings and the repeated torment of oscillations.
If you are optimistic about the upcoming crypto market and willing to hold for two to three years, you have to accept short-term bull and bear switches and significant drawdowns in between. Long-term holding does not guarantee profits, but compared to chasing highs and selling lows, it at least tests logic rather than emotions.
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#Institutional funds continue to flow out, can BTC stabilize?
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