#当前行情抄底还是观望？ BTC this month is roughly entering a wide-range consolidation phase

BTC quickly dropped from 98,000 to 60,000, a decline of 38,000, severely oversold; from 80,000 rebounding to 98,000 took nearly two months, now from 60,000 rebounding to 75,000–78,000, at least consolidating for a month or even close to two months
1-hour correction phase, do not break below 69,435, continue to recover, see if it can break through the 72k resistance band
4-hour timeframe looks very promising, possible scenario is encountering resistance at 74.4k, pulling back to 66k without breaking, then continuing to rebound
Daily resistance at 76.8k, surpassing 76.8k suggests that 60k is considered a stage bottom; if it rebounds to around 83.5k, that’s nearly the limit
The medium to long-term weekly chart has not yet played out; even if above 72k, the weekly outlook is not optimistic, fearing an OBV death cross. After the rebound, if the weekly chart drops again, the target could directly point to 54k. BTC is highly likely to fall to the Fibonacci retracement 0.786 level, around 40,000. Then this bear market will bottom out and end around October 5th this year
$BTC If BTC price drops to 40,000–50,000 around October, start buying in batches: buy 20% at 50,000, then 30% at 45,000, another 30% at 40,000, and 20% at 38,000
$ETH ‌ ‌