๐จ BTC JUST LOST THE $80K LOW ๐จ
$BTC has officially broken below the previous $80,000 support โ and this move changes the structure ๐โ ๏ธ
This month?
Weโre likely in bottom-testing mode ๐งฑ
Expect:
๐ More downside pressure
๐ Then a weekly oversold rebound lasting 1โ2 months
โฌ๏ธ Followed by the continuation of the C-wave decline
The final leg down probably doesnโt end quietlyโฆ
๐ฃ It likely bottoms on a MAJOR negative event, such as:
๐ฆ Large institution blowups
๐ช Serious rumors around a major exchange
โ๏ธ Violent on-chain liquidation cascades
In other words:
Markets may need a panic climax before the real bottom prints ๐ตโ๐ฅ
Weโre watching for:
๐ A deep liquidation wick (โneedleโ)
๐ฏ Then step in for the rebound play
๐ป ETH POSITION UPDATE
Today I closed my ETH short at 24,000 USDT ๐ฐ๐
Since August last year, Iโve been building positions in sync with Binanceโs trend ๐ง ๐
Held the trade for nearly half a year โณ
Now the move has extended massively โ nearly 100% of the expected decline completed ๐
If price keeps dropping without rolling positions and adding new shorts,
๐ Profit efficiency shrinks
โ๏ธ Risk-to-reward worsens
Plan going forward:
If ETH drops below $2,000
โก๏ธ Iโll start gradually closing remaining positions
This phase of the market =
โก High volatility
๐ง Patience game
๐ฏ Waiting for forced capitulation
The real opportunity often comes after the fear spike, not during the noise ๐โก๏ธ๐
#BTC #ETH #CryptoCycle #MarketStructure #WaveC ๐๐