Bitcoin has entered a deep correction, with a large amount of selling pressure initially released around 65,000. However, do not rush to bottom fish—based on previous bull market 70% retracement patterns, 38,000 is the extreme bottom for this cycle. Any current rebound could be a trap.
Short-term trading should focus on two core principles: monitor entry signals closely with the VIX indicator, and avoid blindly betting on rebounds; spot traders can start long-term, phased dollar-cost averaging, buying more as prices fall but strictly controlling position sizes, keeping the initiative in your hands. $BTC #当前行情抄底还是观望? #Gate1月透明度报告
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Bitcoin has entered a deep correction, with a large amount of selling pressure initially released around 65,000. However, do not rush to bottom fish—based on previous bull market 70% retracement patterns, 38,000 is the extreme bottom for this cycle. Any current rebound could be a trap.
Short-term trading should focus on two core principles: monitor entry signals closely with the VIX indicator, and avoid blindly betting on rebounds; spot traders can start long-term, phased dollar-cost averaging, buying more as prices fall but strictly controlling position sizes, keeping the initiative in your hands. $BTC
#当前行情抄底还是观望?
#Gate1月透明度报告