As mentioned yesterday, if Bitcoin fails to break through the key level of 100130, it will inevitably retest recent lows. The current trend essentially confirms this judgment. Although various news will always emerge in the market to explain price fluctuations, technical signals never lie.
From the distribution cycle we are tracking, we are currently in a typical distribution phase. In this pattern, short-term rebounds are limited, and downside risks are relatively prominent. If the key support continues to be broken, there may be further downside space to explore.
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orphaned_block
· 12h ago
They're starting to distribute again, and this time it's really going to break through.
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GasWhisperer
· 13h ago
ngl the distribution phase thing hits different when mempool's already screaming... told you 100130 was the line, now watching it crumble like gas fees during peak hours. classic pattern tbh.
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GasBandit
· 13h ago
I've already said it, the technical aspect won't deceive us... The distribution phase really peaked this time.
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OfflineNewbie
· 13h ago
I've seen through it long ago. Once the distribution phase is confirmed, it's time to sell, or you'll get stuck holding the bag.
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StableGenius
· 13h ago
ngl, called this one yesterday and here we are... distribution phase doesn't lie, empirically speaking. support crumbles and we're heading lower, it's just math at this point
BTC bearish signal appears.
As mentioned yesterday, if Bitcoin fails to break through the key level of 100130, it will inevitably retest recent lows. The current trend essentially confirms this judgment. Although various news will always emerge in the market to explain price fluctuations, technical signals never lie.
From the distribution cycle we are tracking, we are currently in a typical distribution phase. In this pattern, short-term rebounds are limited, and downside risks are relatively prominent. If the key support continues to be broken, there may be further downside space to explore.