Phyrex
Phyrex|Jul 06, 2025 17:21
On the way back today, I was still telling @ Trader_S18 that I've been drinking too much lately and my mind is a bit unclear. I've been drinking for five out of seven days this week, and although it hasn't affected my ability to write, the frequency of replies has indeed decreased. I need to reflect on this and start drinking less from next week. I'll limit myself to once or twice a week and can't go any further. I'm going on vacation next week and I'll take a break too. The legendary 80000 BTC continued to cause no harm, and many small partners who were waiting to see jokes and short sell were temporarily disappointed. In fact, I don't want to talk nonsense back and forth. Just looking at the stock data of the exchange should be the most helpful data in this cycle. It is simple and clear at a glance, and there is no need to spend money. At present, the stock of Bitcoin on all exchanges has reached its lowest point in nearly five years, spanning two cycles. Starting from November 2024, regardless of the price trend of BTC, the stock on exchanges has been declining, indicating that investors have been constantly buying or withdrawing, and this also represents that most investors have no interest in short-term exits. I really can't imagine how much BTC can fall under such a strong consensus in this situation, unless there is a systemic risk. A few days ago, when I was around $109000, I was saying that although I think there is room for short selling, I don't have a reason to short. I just don't know under what circumstances a good news will push up the price of BTC. Today, as Besant announced the tariff partnership, the market began to play a game. On Monday, American investors were able to give a positive response, which was a three-day holiday. Even before the US stock market reacted, BTC completed the information transition from the Sichuan Malaysia dispute to tariff trading. This data is the best barometer of market sentiment. I highly recommend it. Secondly, there is the supporting data, and the validity of this data has been verified multiple times. As long as the support is not destroyed, the stability of the price is guaranteed. This data is also the reference basis for my multiple bottom fishing attempts. I'm not sure if a bullish trend is right now, but a bearish trend without systemic risk may be wrong. More importantly, don't scare yourself. When the sky falls, there are still tall people holding on. Data address: https://docs. (google.com)/spreadsheets/d/1E9awSVwrVOxKOiaMdYT5YZvfveeFd9ENU-iO6dVcGj0/edit? usp=sharing
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