Recently, BTC's performance has been quite interesting. At the beginning of this week, it surged to nearly $98,000, approaching the round number threshold. Just as it was about to break through, a sharp sell-off occurred—one of the most significant selling pressures in recent weeks. Although the price experienced some retracement, it is still hovering around that high level.



From a market perspective, the forces of buyers and sellers are currently in relative balance, and there are no signs of significant liquidity imbalance. Other technical indicators also do not currently point to a clear direction.

In this situation, if you are a long-term holder who entered at a low point at the beginning of the year, now might be a good time to seriously consider taking profits. You can choose to close all positions or sell part of your holdings in batches, then wait for the market to give clearer signals before considering re-entry. Lock in profits when available; risk management should always come first.
BTC-2,73%
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HodlKumamonvip
· 14h ago
At the moment of the 98K dump, I knew it. I should have reduced my position at 92K. Now, still hovering at high levels, it feels like riding a roller coaster. Looking at the data, there's really no clear direction. It's better to take profits in batches. Bearish sentiment thinks that greed at this time is making financial freedom even further away.
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DeFiVeteranvip
· 14h ago
The 98K drop this wave is indeed fierce. I feel nervous for the brothers who entered the market at the beginning of the year. But to be fair, the saying "take profits when there's profit" is spot on. Many people just hold on stubbornly until they're finally trapped.
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SchrodingerPrivateKeyvip
· 14h ago
98K crashing so aggressively, it really tests your mental resilience. If you ask me, you should listen to this wave's advice—sell when you should, don't be greedy. Seeing it approach 100K and then getting hammered down, that feeling is honestly a bit upsetting.
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RugDocScientistvip
· 14h ago
This wave of 98K dump is really fierce. You guys should have gotten out earlier.
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ExpectationFarmervip
· 14h ago
98k was smashed at the door, this wave is indeed fierce. But it seems to still be hovering at high levels, and hasn't given the bulls much of a sweet deal...
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HodlOrRegretvip
· 14h ago
The 98k threshold is so tough, really hitting hard, the bears are gaining momentum. --- Once again with this profit-taking narrative, am I the only one who feels it's just about to take off? --- What does liquidity balance even mean, brother? Clearly it's accumulation. --- Selling in batches? No, this rhythm still feels promising. --- It looks like 98k is really a psychological barrier, bulls need to step up. --- Wait, is this a shakeout? Feels more complicated than that. --- Greedy people always pay the price; exiting timely is definitely the right move. --- When technical indicators are weak, it tests your mindset the most. I don't know who to trust anymore. --- Not breaking 98k is a bit awkward; is there still a chance it will rise later? --- Cash out and leave vs. bottom-fishing and adding more, this is the real dilemma.
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