Giant Whale "sets 10 major goals first": BTC will only pull back by about 5% under multiple macro negatives, and will continue to hold it if it does not fall below US$79,000

On October 9, Jujing @jasonleo released a news report late at night, titled "Set 10 Major Goals First", pointing out that the key focus of this round of BTC price correction is not the decline itself, but "why only the correction is 5%." Its analysis pointed out that the current market is facing multiple pressures: the yield on 30-year U.S. bonds is approaching 5.7%, and the yield on 10-year U.S. bonds remains around 5.3%. Expectations to raise interest rates again during the year are heating up, combined with the rebound in oil prices and the rebound in inflationary pressures, forming a superimposed negative. However, BTC prices only showed a correction of about 5%, which contrasts with the decline of more than 10% triggered by a single macro negative in history. Jasonleo believes that the feedback of price fluctuations on macro signals can be regarded as a key indicator. BTC remains resilient in the context of multiple negative resonances, or indicates that the current upward trend has not been completely destroyed. He compared the current market with BTC's previous bottom stage of around US$58,000, and believed that both showed the common characteristic of "weakening selling pressure after the negative is fully released," but the current market is still in a strong trend. Regarding the subsequent trend, it gave specific operational guidelines: for the time being, it is not believed that BTC will directly drop to US$78,000 or US$74,000, and US$79,000 will be set as the observation level for reducing positions. If BTC falls below this level, the process of reducing positions will be initiated; If the daily close below US$78,000, all orders will leave the market and wait for the next round of entry opportunities; if the key support level has not been penetrated, long positions will be maintained.