Whale "JasonLeo" Sets 10 Big Goals: Bitcoin Trend May Have Reversed
On August 25, whale "JasonLeo" responded to the question of whether the current trend is a reversal or a major rebound, stating his judgment is a "trend reversal."…
On August 25, whale "JasonLeo" responded to the question of whether the current trend is a reversal or a major rebound, stating his judgment is a "trend reversal." Previously, he indicated that the $74,000 to $82,000 range is his main long entry zone, with a strict stop-loss if the price breaks below $72,000.
He believes the current market should be viewed from a larger cycle, and a rise from this level to $100,000 or even $120,000 would still not be considered missing the rally. He noted that Bitcoin's rebound from the bottom has been rapid and strong, with spot ETF inflows being the main driving factor. Meanwhile, the AI sector has seen a pullback, and Bitcoin has been decoupled from U.S. stocks for some time, making it reasonable for risk capital to flow back into Bitcoin.
[TechFlow]
Original: https://www.techflowpost.com/newsletter/detail_133463.html
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