I think the market is overly pessimistic...

Wu Jihan's BitDeer has liquidated Bitcoin
The "Insider Brother" lost over 200 million+ and then liquidated his long-term spot Bitcoin
And veteran OGs see this bear market where Bitcoin drops to $20,000
Is the market really that bad?
I don't think so...
It's just a massive withdrawal of liquidity
But if liquidity wants to return, it can happen very quickly...
Last October, I said a bear market was coming, and many people didn't believe it and even scolded me harshly
Later, I said $70,000 was not a good entry point for now, and now it's hovering below $70,000
But in reality, Bitcoin's price has already reached my sniper zone
I sold above $110,000, and now at a nearly half-price level, it's still decent for long-term investors
However, I never told anyone to buy all in at once or to leverage up
At this position, buying in batches for medium- to long-term spot holdings is quite stable
How am I planning to buy in the current market?
Either wait for a new low to reach $50,000+ and decisively buy the dip!
If you're still not confident to buy at that level, I suggest you just quit the scene
Or wait for time to pass, with the Fed chair change in Q2 2026, Trump putting some pressure, and expectations of rate cuts surpassing market forecasts
By then, regardless of whether prices break new lows or not, I plan to buy!
Of course, ideally below $70,000...
So, either wait for more advantageous prices or wait for fundamental changes over time
Anyway, right now, lying flat is the best solution!
Actually, I also said before, after experiencing April to October 2023 and March to October 2024,
you'll realize that when a real bear market arrives, the difficulty and market sentiment will be more than twice those two phases...
What's there to be so pessimistic about?
It's not the first time we've faced this...
Of course, for ordinary people, the dividend period is over, and making money in the future will be even harder
Traders who made big money in this round are shifting to other markets, which is a very suitable choice
Just like the flow of global hot money caused by the Fed's monetary policy
Following liquidity is the way to truly make big money
But in crypto, there's no need to be so pessimistic, especially for those who still hold on.
#BTC