Bitcoin continues, in my opinion, to show an overall positive structure, even if the market remains very volatile. After the recent rise, I wouldn’t be surprised to see BTC correct further before heading back up. A drop towards the zone of $82,000-79,000 remains entirely possible and, in my eyes, this would not mean that the uptrend is over. On the contrary, this type of movement is necessary and healthy for the market.
After a strong rally, many traders enter late, use too much leverage and become vulnerable to a rapid correction. A return towards 80/79K could therefore allow the market to clean up part of these positions before attempting a new upward movement.
87,400 and 82,000 dollars remain important levels
On the rise, I am particularly monitoring the area of $87,400. Down I watch the 82,000-79,000.
If Bitcoin manages to clearly exceed this 87K level and stay above it, this would strongly reinforce the scenario of a new bullish continuation. But before that, it is entirely possible that the market will continue to move sideways or experience some more sharp movements.
It is precisely during these periods that many traders make the mistake of wanting to anticipate each candle. Personally, I prefer to wait for the market to confirm, I will look at opening long ver 79k btc
Ethereum can also become interesting
Ethereum is also in an area to watch. For me, the region of $2,800 is important.
If ETH manages to return above this level with strength, it could create an interesting movement, especially because many short positions are still present in the market.
If these traders start to close their shorts, it can quickly add buying pressure.
Altcoins continue to offer great opportunities
In my last article, I advised you to take a look at some altcoins and here we are. This month, some of the best opportunities didn’t just come from Bitcoin.
Cryptocurrencies like ZEC, ZAMA, NEAR and other altcoins offered some particularly interesting movements.
It is precisely several of these assets which allowed me, with my future operations and by voluntarily using a small accountto exceed the $14,000 in profits for the month.
To me, this shows an important thing: you don’t always need to have huge capital to achieve good results.
What matters much more is selecting the right assets, waiting for the right levels and above all managing your risk correctly.
Be careful not to chase the price
NEARfor example, achieved a very significant increase in a short time.
While I remain positive on some of these mid-term projects, I don’t like to buy after a vertical rise just because everyone starts talking about it. I generally prefer to wait for a correction.
Zcash has also been one of the strongest assets recently. The trend remains interesting, but after such an increase, it becomes even more important to protect your profits and watch for signs of slowdown. Being bullish on an asset does not mean you have to hold a position no matter what.
Protecting your capital remains a priority
This is probably one of the most important lessons I have learned over the years.
When a position starts to show signs of weakness, I sometimes prefer to reduce my exposure and hold cash.
If the market becomes clearly bullish again afterwards, I absolutely don’t mind entering again, even slightly higher.
The goal is not to sell exactly at the high and buy back exactly at the low. The goal is above all to avoid suffering large drawdowns unnecessarily.
My current scenario
For the moment, my outlook remains generally positive.
I think Bitcoin can still experience volatility and potentially move back towards the $80,000 before leaving. Above, the $87,400 remain for me the important area to break.
Ethereum could also become much more interesting above $2,800while altcoins continue to offer some of the best opportunities on the market.
This month is a good example: assets like ZEC, ZAMA, SOL, ONDO or NEAR have largely contributed to my performance and allowed me to exceed $14,000 in profits on my future trades with a relatively small account.
The market therefore remains interesting, bull, but we must accept a simple reality: even in an uptrend, the path is never perfectly linear.
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