
Phyrex|May 02, 2025 06:13
When I talked to my friends about the topic of rebound and reversal today, we talked about two viewpoints. The first viewpoint is where the bottom of BTC is. I happened to write this article during the reflection on the Q1 event before. Fortunately, I also operated in this way. My attitude towards rebound and reversal is quite clear. BTC will rise to $500000. If ETH, altcoins, and the overall market remain the same, it is not a reversal.
Reversal is necessarily based on the support of liquidity. There is not enough liquidity. Let alone counterfeit coins, Russell 2000 needs to consolidate at the bottom. Neither BTC nor the Seven sisters can represent the overall market. At most, it is the advantage of the track. More funds are concentrated on the head track. No plate rotation will only make other tracks more depressed.
This tweet is sponsored by @ ApeXProtocolCN | Dex With Apex
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