BTC is consolidating below the previous high point after experiencing a strong upward move. As long as the price remains above the median support area, the downside potential will stay limited. Once the consolidation is broken, the probability of capital rotation into ETH and other mainstream coins will significantly increase. Currently, the outlook for Bitcoin's future performance is optimistic.
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.
13 Likes
Reward
13
7
Repost
Share
Comment
0/400
HashRateHustler
· 6h ago
Once the median support breaks, ETH is probably about to take off, and BTC's job is done.
View OriginalReply0
WhaleStalker
· 13h ago
Wait, can the support level really hold? It feels like this rebound is a bit weak.
View OriginalReply0
BTCWaveRider
· 13h ago
If the median support isn't broken, I'll keep holding it. Anyway, this wave of BTC shouldn't reach corpse-levels.
View OriginalReply0
GasGasGasBro
· 13h ago
Wait, what if the support breaks? I need to quickly buy the dip with my BTC.
View OriginalReply0
Degen4Breakfast
· 13h ago
This pullback is a good opportunity to buy the dip. If the mid-term support level isn't broken, keep holding.
View OriginalReply0
BearMarketSurvivor
· 13h ago
Wait, has the median support broken? Why do I feel like it's about to start fluctuating again?
View OriginalReply0
PoolJumper
· 13h ago
Wait, the key is whether the support zone is broken... It feels like we're just betting on that now.
BTC is consolidating below the previous high point after experiencing a strong upward move. As long as the price remains above the median support area, the downside potential will stay limited. Once the consolidation is broken, the probability of capital rotation into ETH and other mainstream coins will significantly increase. Currently, the outlook for Bitcoin's future performance is optimistic.