#DeepCreationCamp Understanding the "Great Reset" from $60k
Your point about the bounce from $60k being a "Great Reset" is a vital distinction. Many traders look at a 15% drop simply as a "crash," but in a
#GateSquare$50KRedPacketGiveaway #trend, it often serves to:
Reset Leverage: Over-leveraged "longs" are wiped out, allowing the market to move up on more sustainable buying.
Establish New Support: Re-testing the $60k zone confirmed its strength and allowed new investors to enter at an attractive price point.
Confirm the Trend: By bouncing hard from that level, it proves that "the trend is yo