I think the market is overly pessimistic...

Wu Jihan, BitDeer, and others have fully sold off their Bitcoin holdings.
The "Insider Brother" lost over 200 million and then liquidated his long-term spot Bitcoin.
Even the old OGs see this bear market as Bitcoin dropping to $20,000.
Is the market really that bad?
I don't think so...
It's just a massive withdrawal of liquidity.
But if liquidity wants to return, it can happen very quickly...
Last October, I said a bear market was coming, and many people didn't believe it and even criticized me harshly.
Later, I said $70,000 was not a good entry point for now, and now it's hovering below $70,000.
In reality, Bitcoin's price has already reached my sniper zone.
I sold above $110,000, and now at a nearly half-price level, it's still decent for long-term investors.
However, I never suggested jumping in all at once or using leverage.
At this position, buying spot gradually for medium- to long-term holds is quite stable.
How am I planning to buy in the current market?
Either wait for a new low to around $50,000+ and decisively buy the dip!
If you're still not confident to buy at that level, I suggest you just exit the scene.
Or wait for time to pass, with the Fed chair changing in Q2 2026, Trump applying some pressure, and expectations of rate cuts surpassing market forecasts.
By then, whether the price hits a new low or not, I plan to buy!
Of course, ideally below $70,000...
So, either wait for more advantageous prices or wait for fundamental changes over time.
Anyway, right now, lying flat is the best option!
Actually, I’ve also said before, after experiencing April to October 2023 and March to October 2024,
you’ll realize that when a real bear market arrives, the difficulty and market sentiment will be more than twice those two phases...
What’s there to be so pessimistic about?
It’s not the first time we’ve faced this...
Of course, for ordinary people, the dividend period is over, and future profits will be harder to come by.
Traders who made big money in this round are shifting to other markets, which is a very suitable choice.
Just like the flow of global hot money caused by the Federal Reserve’s monetary policy,
following liquidity is the way to truly make big money.
But in crypto, there’s no need to be so pessimistic, especially for those who still hold on.
#BTC