2.6 Going Against the Trend: Staying Greedy in Panic

Regarding BTC reaching the 60,000 mark, we define it as a stage of bottoming performance. It is now the moment to enter the market and seize the rebound opportunity, expecting a 30% rebound in price over the following 2 to 3 months. It should be clear that this should be understood as a rebound trend rather than the absolute bottom of a bear market cycle.

The reason for the above judgment is mainly based on the accelerated decline experienced by the market yesterday, accompanied by massive trading volume. Although we saw a huge amount of capital fleeing due to panic, at the same time, a similarly substantial amount of capital entered to absorb the liquidity. This phenomenon is a typical signal of the market confirming a stage bottom under the cloud of panic emotions.