There are only a few bulls left in the entire network.

According to current technical analysis, Bitcoin only has a major support of 40,000. Those with short positions hope that it will fall below, and those in the car hope that it will not fall below. Controversy is back.

25000 I am shouting long, why? There were two important reasons mentioned at the time. First, the Bitcoin ETF, and second, most of the altcoins had fallen to record lows, forming a good divergence.

So what do you think of 40,000 here? ? Some people have also asked whether this place will be like 25,000. All I can say is that the time period for sorting out is not long enough. Unable to confirm, more time is needed, it is recommended to stay on the sidelines. Make trades on the right side.

Now we have to see whether 40,000 is effectively broken below. If it falls, there should be no big market in the first quarter of 2024 (adjustment period). There will definitely be bulls in the future. This is also the consensus of everyone. Don't doubt the big bulls after the halving cycle.

There are no worries about long-term spot prices, don't look at the analysis of short-term cycles.

The picture below is my short-term analysis, #BTC