$BTC continue to eliminate investors who no longer trust the market to prepare for a stronger uptrend.

After the failed peak break due to a large amount of supply remaining in the sell-off session from 66k to the 62k area. The organization is showing signs of returning to start the process of shedding and collecting goods again at the 64k area, similar to the failed peak break-out period at the 43k area and then returning to shedding and collecting goods at the 41k area in August 2021. If this shedding and collecting process happens today, BTC will return from the 64k area to the 62k area, then there will be a strong increase session breaking through the 64k area and the price will fall to around the 65k area, then BTC will have a 90% chance of entering an uptrend similar to the period in August 2021.

In case today, if btc returns to the 62k zone and there is a sell-off zone and the price does not immediately retreat to the 62k zone, the process of accumulating btc goods for more than a month will fail and the price will return to the 52-53k zone. At that time, we will re-evaluate whether the organization will collect goods again through narrow price fluctuations with low volume to test the organization's supply and demand.

The future is something we cannot predict, so we have to prepare scenarios to handle the above cases. And with the low volume of sell-offs, the possibility of case 1 occurring is 70%, but we should not be subjective but must carefully evaluate the 62k support zone!

Currently, we are waiting for btc to test the 62k zone to be ready to buy btc and altcoins if there is strong demand. If the volume is low, we should stand aside and consider. Or if there is a large sell-off volume that does not withdraw from the 62k zone, then we can short btc and altcoins.