Watching Bitcoin fluctuate around 97,000, the trading group is once again buzzing—some are shouting that the technicals have topped out, and with a MACD death cross, it's time to short; others advise not to rush. This scene is all too familiar.



Many people's logic is: the price drops from 97,000, indicating the rally is over, and now entering on a pullback can lead to profits. This idea sounds reasonable, but it’s precisely the most likely to lead to a trap.

Careful examination of the chart details can reveal the clues. During the upward surge, the volume bars are high, but now, during sideways consolidation and decline, the bars have noticeably shortened. What does this mean? The main force is holding positions, while retail investors are panicking and selling off. The previous large bullish candle is the flagpole, and the current wavering consolidation is the flag. As long as the flag does not break support, there is often an additional rise equivalent to the height of the flagpole afterward—that's a technical "bull flag" pattern.

The trend remains bullish, and there's no need to doubt that. The real test is choosing the right entry point during such phases. Many beginners keep getting slapped in this kind of consolidation, taking hits from both sides.

There's a saying in trading circles: "A thousand golds can't buy a bull's turnaround." Being able to accurately enter during rebounds in a bear market or corrections in a bull market is often much smarter than blindly following the trend from the start. It’s never too late to participate in mainstream coin movements; the key is to avoid becoming one of those who get "left behind."
BTC1.81%
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NftMetaversePaintervip
· 6h ago
ngl the bull flag thesis is giving algorithmic elegance... those volume metrics don't lie, actually
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MEVHunterZhangvip
· 7h ago
Still shouting and yelling, retail investors really should learn to keep quiet and observe the market. If the bull flag can't break, just wait patiently; it's their own fault if they get shaken out. This time I choose to stay calm and hold my position, watching how the main players play. The people in the group are always the ones shouting the most but losing the worst, it's hilarious. Before a breakdown, everyone is gambling; I just quietly watch the trading volume speak.
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GasGuzzlervip
· 7h ago
If the bull flag doesn't break out, you just have to wait. What's the rush? Retail investors' lives are often worn down this way. --- The 97,000 level reveals who truly understands the market and who only follows the crowd shouting buy signals each time. --- The main force's holdings and trading volume are shrinking. This signal is too obvious. Those still shouting about a death cross should really go do manual labor. --- Honestly, most people were washed out by the oscillation wave, then watched helplessly as the price surged. --- Opportunities like a bull turnaround are rare and hard to come by. If you don't master the rhythm, just wait to be repeatedly educated. --- Technical analysis, I've explained it a thousand times, but some still don't understand. It's absurd to insist on shorting when the flag pattern hasn't broken out. --- Sideways consolidation with decreasing volume is actually the safest signal. The seemingly fierce declines are the real danger—it's the opposite of logic. --- It's perfectly normal for beginners to get beaten here on both sides. The key is to learn when to wait and not always try to catch the bottom.
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MemeKingNFTvip
· 7h ago
The bull flag pattern is indeed something retail investors can never understand what the main players are thinking.
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NewPumpamentalsvip
· 7h ago
Here we go again, this 97K drama really repeats three times a year. Retail investors shout death cross to short, while the main force is still accumulating, a classic script. Trading volume is the real truth, not MACD. If the bull flag can't break, it will continue to rise, I'm tired of hearing that logic. The key is still timing, otherwise you'll just get chopped up like a leek.
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