$BTC

$BTC SCENARIO C (NO ONE WANTS IT, BUT IT DOESN'T MEAN IT WON'T HAPPEN 👀)

Observing 👀 more closely, we see that after the recent adjustment, the liquidity in the market has killed a lot of long and short positions. BTC is moving sideways in a small frame.

If we look at a larger frame, we see that the RSI and EMA indicators suggest a deeper correction trend and selling pressure is still dominant. In a worst-case scenario, BTC could drop to the 79K~81K range and then quickly pull back like the drop to the 49K range before.

So, is this scenario feasible?

The probability forecast is that there is a 30% chance it will happen, and this market always has no bottom or top. The important thing is if our forecast and analysis are correct and how to handle it when the market goes against our projection. What will plan A, B, C be at that time? Assuming it drops to the 79K-81K range, this could be quite a good opportunity and the long-term wave of the uptrend season will begin. But be aware, the market and the MM driving team will surprise us with unexpected events. The market's shape is always changing, and the plans for forecasting and handling in trading are the key factors determining success and longevity in the market.

Do you have any other opinions or comments? ✍️