After a sharp decline, many retail investors are in great pain, hoping to end this entanglement and torment. However, let me be clear: if you expect an immediate reversal in the next couple of days, you might not see it. In other words, recently you can only lie flat and wait. The U.S. is on holiday, and the stock market has had intermittent closures; the hard-working market makers also want to take a break. Then let the retail investors in the U.S. feel the pain, think it through, and go home to borrow money to fight again next year.
In the past week, the Nasdaq tech stocks saw a capital outflow of $2.5 billion, and the BTC spot ETF also saw an outflow of $650 million. Everyone wants to celebrate the New Year, and everyone needs to spend money. The liquidity recently has certainly weakened.
Meanwhile, the savvy investment giant, Buffett, is buying into U.S. oil and other stocks, $650 million. The investment guru is preparing to exit early, holding $32 billion, always waiting for the opportunity.
Now that the investment guru has started to buy in at the bottom, it's clear, we retail investors should follow suit. Recently, it is still recommended to gradually buy on dips. Most altcoins have already reached their respective bottoms and need to consolidate for a while. When Trump takes office, industries will be thriving; will you have bought at the corresponding bottom?
Currently, BTC has a MACD death cross on the weekly level, and a pullback on the weekly level has formed. Last week, a large bearish candle was released, with a massive capital flight. Recently, the main strategy is to short on rebounds, at critical resistance levels. It can be judged that in the next 3-5 weeks, the primary focus will be on pullbacks and sideways fluctuations.
On the daily level, it has broken below the upward trend line, with the 5-10 day moving averages crossing below the 30-day line; the immediate possibility of a reversal is very low. The support below is around 90500. If it can retest this position to build a bottom and consolidate, it would be quite good. If it drops to 85000, then the time for another rally will be excessively long. Moreover, if it breaks below 85000, then the bull market will end. Everyone can buy at the bottom in batches, don't go all in at once.
On the four-hour level, the upper resistance is at 99205 where you can short, while the lower support is at 93800, and around 90500, you can take small longs. The pullback formation continues. However, the good news is there is a slight decline, slowly retesting. Many altcoins have already pulled back to their respective bottom areas, allowing for batch entry. This really gives everyone the last cycle opportunity to buy at the bottom.
There are cycles in price movements; sell during explosive growth and buy during sharp declines. The bull market is still on, so there's no need to worry. Even if you buy at the bottom, it will be tough for you, and you still need to hold for a while. $BTC #市场调整後的机会?