X @Doctor Profit 🇨🇭

Market Trend Analysis - The report suggests a bearish sentiment in the Bitcoin market, contrasting with bullish interpretations of the death cross based on historical data [1][2][3] - The analysis emphasizes the failure of the EMA50 (Exponential Moving Average 50) to hold, a key difference from previous death cross events [3] - The Fear and Greed Index at extreme lows is not necessarily indicative of a market bottom in the early stages of a bear market [5] Technical Analysis - The EMA50 is identified as a crucial indicator of whether Bitcoin is in a bull or bear market [1] - Previous death crosses occurred when Bitcoin was trading above the EMA50, unlike the current situation where it's trading below [2][3] - The average BTC buyer from the last six months has an average entry of $94,600, potentially triggering more selling pressure if the price approaches or falls below this level [5] Risk Assessment - ETF selling combined with negative whale net volume creates substantial selling pressure on BTC [5] - Macroeconomic risks, including those from the REPO market, are expected to add to the bearish pressure [6] - A large cluster of sellers sitting at breakeven levels near $94,600 poses a dangerous setup and contributes to the bearish outlook [5] Investment Strategy - The author's position is fully in USDT (Tether), with shorts averaging an entry around $119,000 [7] - The report explicitly states that this is not financial advice but educational content reflecting the author's opinion and trading strategy [7]