TechFlow, November 14 — Trader Eugene posted on his personal channel stating that BTC falling below $100,000 is due to two factors: first, the final support of the long-term bullish structure has been broken, with the 50-week trendline lost for the first time since 2022; second, the $100,000 level, as a strong psychological threshold, has shifted from support to resistance.
He stated that under this context, he has "no intention to catch the bottom in this correction," and views the $90,000 low zone as the next area of focus, with capital preservation being the primary strategy at present.
Add to Favorites
Share to Social Media
