Spot BTC accumulated around 62k. ETH long remains active.
A pullback would not be surprising after the recent bounce, but the broader picture still looks like a bottoming process rather than a major breakdown.
One of the reasons I remain constructive on Bitcoin is shown in this chart.
The purple band represents the estimated weighted production cost of BTC. Historically, major bear market lows and cycle corrections have found support near this region.
The idea is simple: when price approaches or falls below miners' production costs, selling pressure tends to decrease because many miners become unprofitable. That often creates a natural floor under the market.
Nothing is guaranteed, but as long as BTC remains near this cost basis zone, I find it difficult to build a strong bearish case for a collapse below 50k.
The market can always overshoot, but historically these areas have been opportunities, not reasons for panic. 📈 #writetoearn #Write2Earn! $BTC
The market has now fully lost the 74.2k key level and the purple support zone that many were watching for continuation. As long as price remains below those levels, the burden of proof belongs to the bulls.
Right now, BTC has entered the macro demand region between roughly 63k–69k. This is the first area where a meaningful reaction can occur, but entering blindly is not the same as having confirmation.
A bounce from current levels is possible. However, after such an aggressive selloff, patience is often more valuable than speed. A true reversal should show strength, reclaim lost levels, and hold them.
Key zones I'm watching:
📍 67k–68k → Current reaction area 📍 65k–66k → Strong interest zone 📍 63k–64k → Lower boundary of macro support
For now, I remain cautious. Catching bottoms is exciting, but preserving capital is what keeps you in the game.
The next move isn't about predicting the exact low.
It's about waiting for the market to prove where the low actually is. 📈⏳
The market gave the expected reaction from the long zone, but not the continuation.
Price reached the first target, then lost the level and invalidated the setup. No reason to force trades when the market clearly says otherwise.
For now, I remain bullish on the higher timeframe, but neutral on the daily until a new base is formed and strength returns.
The best trade right now is patience.
No interest in chasing shorts into fear after already capturing the larger move down. Waiting for the next high-timeframe zone of interest and a clear confirmation before re-entering.
Price has already swept below the 71.9k level, reaching the 71.8k region, but the setup we're waiting for still hasn't appeared.
The market is doing what it often does before a major move: building liquidity, triggering stops, and testing traders' patience.
For now, I'm not interested in chasing price.
📍 Previous buy zone: 72.5k–71.9k 📍 71.9k has now been swept 📍 Watching the low 70k region for the next potential long opportunity 📍 Bullish thesis remains valid as long as the higher timeframe structure holds
The lower we enter inside the demand zone, the better the risk-to-reward becomes.
The market has now returned to the exact demand zone we've been monitoring.
The first key buy area around 72.5k has already been tagged, confirming that price is trading inside our long region. This is where patience matters most.
Could BTC bounce from here and continue higher? Absolutely.
Could we see one final liquidity sweep into 71.9k before the real expansion begins? Also possible.
For now, I see no reason to chase price aggressively. The best trades come when the market enters your zone, not when emotions enter your mind.
📍 Current long zone: 72.5k–71.9k 📍 Main support: 71.9k 📍 Bullish objective: reclaim 74.2k and push toward 75k–76k
Closed my long earlier because I couldn't actively monitor the market and preferred to secure the profit.
The plan hasn't changed.
Now I'm watching closely for the next entry opportunity. BTC is still testing the key 74.2k area, and if we get proper acceptance above it, the path toward higher prices remains open.
No rush. No FOMO.
Protect capital first, then re-enter when the setup is clear.
TPs were taken right into the 74.0k–74.2k liquidity zone exactly where resistance was expected, while a portion of the position remains open as we continue to track the bullish structure.
As long as 74.2k eventually gives way, the next objective remains higher, with the 76k region still on the radar before any larger pullback becomes likely.
The key is never just finding the right direction. It's identifying the right entries, the right exits, and staying one step ahead of liquidity.
I've been documenting this entire sequence in real time, from the bearish bias at the highs to the shift back to bullish near the lows, with every major level mapped out in advance.
If you want to stay ahead of the next move, follow closely. Every entry, exit, update, and market plan is shared live as it develops.
This has been the key level on my radar, and price is doing exactly what markets often do at important decision points: testing, hesitating, and forcing traders to pick a side.
The question is simple: acceptance or rejection?
Whether it happens on the first attempt or the second, I still believe 74.2k eventually gets accepted. That remains my working thesis.
The bearish bias served us well on the way down. The long zone was identified. The reaction arrived. The shift to bullish was called. Now comes the confirmation phase.
Funny enough, the louder the bears became below 73k, the more confident I became that sentiment was reaching an extreme. These mechanics never change.
For now, all eyes on 74.2k.
Acceptance there opens the door to the next leg higher.