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Perspective from the higher time frame..
A lot of people have been very scared because of the latest drop in the market which liquidated majority traders in the world.
However I just want to share some of my thought based on the technical perspective which I see it's actually still a nothing significant movement as well.
If we zoom out further, price is still maintaining to trend above the May 2025 high which even there was over $19 billion was liquidated at the weekend, we are still seeing price trending slightly above the May's high.
Looking at the structure, the bulls are still having some momentum to go for the upside even though there are a fall until $80k - $76k level.
I still see the bull market is not over, we are having much more upside movement.
As long as we don't lose $98k level, there is nothing to be worried.