Identifying Opportunities in the Bitcoin Bear Market

Recent activity in the Bitcoin market has shown signs of a bearish move, with the price reaching key trading zones.

During this decline, some buying was seen that generated temporary rebounds, but downward pressure persists.

It is essential to understand the operating zones to evaluate possible reversal points.

In the morning analysis, we discussed critical levels, such as the area around $61,920 and $57,150.

However, the most significant point appears to be near $52,000, where a past volume node highlights its potential importance as a crucial support level.

With the price currently in the first mentioned trading zone, we wait to see if a bullish reaction develops or if the bearish momentum continues.

It is essential to protect existing operations or take partial ones if necessary, as these areas represent critical control points.

Additionally, we emphasize the importance of looking for opportunities during pullbacks in an uptrend.

With the price down 16% from all-time highs, this may be a time to strategically consider Bitcoin accumulation.

It is in these pullbacks where operational security and profit opportunities are usually most consistent.

Although the market is uncertain, we closely monitor key levels, such as the weekly and monthly VWAP, to assess any significant changes in the market context.

Additionally, we look at liquidity at different leverage levels to better understand market dynamics and anticipate potential price movements.

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