Give up the illusion of buying the bottom and only play the $BTC of rebound at key support levels

Tonight, the bulls have been completely liquidated, the proportion of long orders in the 24-hour liquidation of the whole network accounts for more than 73%, the market long and short sentiment is completely unbalanced, the previous old violence has mentioned that the market funds are visible to the naked eye to precious metals (gold, silver) and other safe-haven assets, and the crypto market buying is dry, which is also the most critical macro logic of the current round of bear market, which explains why every rebound seems powerless. Lao Bao's recent ideas are all high-altitude, and he has repeatedly warned everyone not to blindly buy the bottom, I hope you all listen to it!

The current core is one point: $80,000 has evolved from support to the long-short dividing line. Once this bottom line held in November is confirmed to be lost, the space below will be completely opened.

But the market will not fall in a straight line, and there will be repetition in the process. The main force will create a rebound and attract the chassis and stop loss order, which is an inevitable game after the overfall.

Therefore, if you plan to go long, the only reasonable entry point is above the 80,000 support level, and fast in and out with a short-term rebound mentality. This is not bullishness, but taking advantage of the inevitable volatility structure of the market

Then the old violent suggestion is the following 81800-81200 to enter the long order, 80800 preset to make up the position, the stop loss must be placed at 79800, the position can be entered in batches to ensure that the average price is around 81000, the target can be not brought first, and then remind everyone that the current market price of 83500 is still far from our entry, everyone must endure loneliness, and the order can be hung first

What the market needs now is not faith, but discipline. When the market uses real money to get out of the bottom structure, it is not too late to talk about reversal. That's it for tonight, good 💤 night