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Bitcoin's recent volatility has indeed shaken many people's confidence. Last week, our bullish outlook played out with a strong rally. After dropping over four thousand points from the high, the market was filled with panic and various doubts. But the more you see this, the more you need to stay calm and understand what is really happening behind the scenes.
In the past couple of days, we've seen massive liquidations, forced closures, and leverage positions being quickly squeezed out of the market—honestly, these are signals that often appear before a bottom is formed. That seemingly catastrophic decline is often not a trend reversal but a reorganization of chips by big players exploiting market panic. While they are shaking out retail investors, they are also quietly rotating positions at high levels.
Currently, the price is fluctuating around 90,000, which seems unstable, but I believe this is a form of suppression and shakeout targeting retail traders' psychology. Market sentiment has cooled to freezing point, but it is often at this moment that a new trend begins to brew. While others run out of fear, we stay because of our logic—markets always start in despair.
The next strategy is simple: continue with a bullish mindset; dips are buying opportunities. The current volatility is just a process, not the end. Focus on whether key support levels can hold steady; a new round of momentum is building.
Short-term trading reference: a bullish view around 89,500, adding positions at 88,500. Watch the resistance levels at 92,000 and 94,500; the long-term target is 98,000. There’s still potential in the market, so don’t rush to exit.