★Sharing Recent Bitcoin Market Sentiment


1. The outlook isn’t very promising. 😕
2. The trend indicates a stronger downward momentum, with the weekly candlestick engulfing previous candles. 📉
3. In this trend, the yellow trend line is breaking downward, currently around 57.5K. ⚠️
4. In the long term, breaking through the green channel and surpassing the previous high are crucial, but these goals seem quite distant for now. 📊
5. The prolonged downtrend and strong sideways movement are driving many investors away. 😔
6. Personally, I consider 27K to be a critical level for Bitcoin, so I’m not planning to touch it at this stage. 🚫
7. Meanwhile, Altcoins continue to face an unrelenting downtrend. 🔻
8. Holding cash seems to be the most appealing option at this moment. 💵

Conclusion: I believe a time will come when crypto investors will find joy again, but it seems unlikely to happen anytime soon. Patience is key. 🙏

Good luck to all crypto investors!