Whales "Set 10 Major Targets First": Bitcoin Trend Reversal May Already Be Formed

TechFlow reports, on August 25, whale JasonLeo ("Set 10 Big Goals First") responded to whether the current trend is a reversal or a major bounceback, stating his judgment is a "trend reversal".

Previously, he stated that the $74,000 to $82,000 range is his primary long entry position, and he will strictly enforce a stop-loss if it falls below $72,000. He believes the current market should be evaluated on a higher timeframe; rising from this level to $100,000 or even $120,000 would still not be considered missing out. He pointed out that the rebound momentum of Bitcoin from the bottom this cycle has been relatively fast and strong, with spot ETF inflows serving as the main driving factor. Concurrently, with the AI sector pulling back and Bitcoin having been decoupled from US stocks for an extended period, the renewed inflow of risk capital into Bitcoin holds a certain degree of rationality.