👀 JUST IN: Data shows that Bitcoin has already fallen below the fire sale zone at the bottom of the rainbow chart, and is severely undervalued!


In every previous cycle, this position has not been a normal correction, but rather an extremely pessimistic phase with large-scale capitulation and chip redistribution, followed by a period of structural recovery:
In 2018, it was mainly due to the systemic clearing after the ICO bubble burst, with many projects losing their funding ability, exchange liquidity drying up, and almost no capacity to absorb sell-offs.
The 2022 cycle was characterized by a breakdown of the credit system, with Luna, 3AC, and FTX simultaneously crashing and liquidating both on-chain and off-chain, with selling pressure being passive and continuous.
But this time feels a little different!
Prices have entered the undervalued zone, but the market hasn't shown the familiar, typical panic-driven capitulation.
👉 No Luna-level blowups, nor the kind of credit collapse seen with FTX;
👉 On-chain, there’s no clear and concentrated surrender-style sell-off, and miners and long-term holders are relatively stable.
This is interesting! It feels more like capital is watching, with chips reallocating.
Who cares? We’re already in this zone—why hesitate! Even from a historical perspective, this position is a high-probability entry point in the long-cycle model.
I’ll place five double-low buy orders for now—continue to buy the dip!
BTC1.76%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin