BTC bouncing around the door, will it break below 60,000? Which coins are worth buying in a bear market?
BTC is fluctuating in the short term; honestly, I’m not paying much attention anymore. Short-term resistance levels are tightly packed above 68,000, 70,000, and 72,000. Key support levels are at 65,000 and 60,000. Of course, the current market is already in a bear phase, so the main strategy is to sell on rebounds and short at highs. A simple long-term approach is to patiently wait for BTC to rebound to 75,000–78,000, then short all the way down to 50,000, and heavily buy in, aiming for a target of $250,000. As for short-term market movements, just refer to this article. The short-term trend has not changed. Now, let’s discuss today’s main topic: will BTC break below 60,000? Looking at the weekly chart, where might BTC be now? I believe we are currently in the unilateral downtrend phase behind the yellow circle, corresponding to the second stage of the bear market. The second stage is when seasoned traders all jump in to buy the dip, but end up buying halfway up the mountain. The subsequent pattern will include continued downtrend and sideways movement (since everyone knows it’s a bear market). It will end with a weekly candle with full selling volume, which marks the bottom of the spot market for a left-side accumulation (but likely to be trapped for a year). After that, a long sideways period follows. Also, a risk to watch out for: look at the volume below. As the weekly chart shows, trading volume has become very thin. If BTC narrative collapses, don’t be surprised. Another theory is supply exhaustion: if supply dries up, it could cause a price collapse. BTC, being a naturally deflationary currency, faces this issue. Therefore, a break below 60,000 is basically a certainty. The optimal buy zone is between 53,000 and 43,000, expected to appear in the second half of 2026. After October 11, if US stocks dip slightly, Bitcoin will crash sharply. Every time Bitcoin crashes, altcoins fall even more. The entire capital transfer chain and exhaustion chain are very clear. Additionally, a reminder: for gold, any rebound should be met with profit-taking at highs. BTC’s cycle clearly overlaps with gold’s decades-long cycle—sometimes positively correlated, sometimes negatively, but not necessarily all the time. BTC’s movement is centered around the halving cycle. By the end of 2026, as the bear market bottoms out, BTC will enter at least a 3-year bull cycle. So, clearing out gold this year and waiting for Bitcoin’s deep bear bottom is the right move now. Many people ask what to prepare for the next bull market. First: BTC No need to explain; regardless of the cycle or stage, it’s the most valuable long-term bottom asset. Second: ETH Ethereum is worth accumulating for the next bull run. I personally believe that during this bear market, ETH could still see around $1,000—this is a very comfortable accumulation zone. ETH’s poor performance this round is mainly because the last rally was too strong, overextending expectations, so people are less optimistic now. But this collective disappointment often leaves room for explosive growth in the next cycle. Third: CRCL (US stocks) My bottom estimate is $30–$50. If it really drops into this range, it’s a potential ticket for a 10x rally. Fourth: TRUMP Token This one is basically cooled off now, but it could be very promising in the next cycle. If Trump survives the midterms and remains in office until 2027–2028, TRUMP could become one of the most explosive memes of the next cycle. The logic is simple: 1) The bear market will push its price very low, possibly to $1, which would be like a tenfold cut; 2) It’s not fully unlocked yet, so there’s no momentum to pump it; we must wait until unlocking is complete and the whales switch hands; 3) Fully circulating + ultra-low price + current president’s support—this combo is very strong. It’s very possible it could ignite directly in the next cycle. Fifth: CoinMan Basically confirmed to go spot. As long as CoinMan remains the top exchange meme, it will be a major player in BSC, and it will definitely perform well in the next cycle. Sixth: Fartcoin No need to say much; meme with pure vibe, and it won’t perform badly in a bull market. Seventh: Useless The leader of the nihilism sector. Deep logic behind it; it’s a category I’ve been observing long-term. Eighth: HYPE Has fundamentals, narrative, and consensus; it will be a hot topic in the next cycle. Ninth: Polymarket (launching next year) The narrative in this sector is very strong. Once it launches, it will be on the watchlist. Tenth: Pump Key factor is the launchpad competition pattern. If it remains the top in the next cycle, there’s a lot of room for this project to go higher. Eleventh: TAO or VIRTUAL AI is the future trend. Currently, there are many AI-related tokens in crypto, but based on fundamentals, only these two are truly promising. Twelfth: WLFI or ENA Stablecoins are expected to be a major application in crypto’s future. Besides CRCL, WLFI and ENA are also worth watching. WLFI has Trump’s support, so it should be fine until the next bull cycle. ENA, although currently suffering a severe decline, is normal; its core is an algorithmic stablecoin. In a bull market, playing these well is like printing money—annualized returns of dozens of percent, similar to Luna’s doubling. In a bear market, it’s a death spiral, causing runs and crashes. Whether to go all-in or stay away depends on your understanding and insight into the overall market trend. Bull market ENA is awesome. Bear market ENA is trash. #我在Gate广场过新年
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ShuiRuo
· 1h ago
Surprisingly, no SOL for XRP?
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HighAmbition
· 3h ago
good information about crypto
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Miss_1903
· 4h ago
2026 GOGOGO 👊
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MasterChuTheOldDemonMasterChu
· 11h ago
Wishing you great wealth in the Year of the Horse 🐴
View OriginalReply0
MasterChuTheOldDemonMasterChu
· 11h ago
Happy New Year 🧨
View OriginalReply0
Ryakpanda
· 11h ago
Wishing you great wealth in the Year of the Horse 🐴
BTC bouncing around the door, will it break below 60,000? Which coins are worth buying in a bear market?
BTC is fluctuating in the short term; honestly, I’m not paying much attention anymore. Short-term resistance levels are tightly packed above 68,000, 70,000, and 72,000. Key support levels are at 65,000 and 60,000. Of course, the current market is already in a bear phase, so the main strategy is to sell on rebounds and short at highs. A simple long-term approach is to patiently wait for BTC to rebound to 75,000–78,000, then short all the way down to 50,000, and heavily buy in, aiming for a target of $250,000.
As for short-term market movements, just refer to this article.
The short-term trend has not changed.
Now, let’s discuss today’s main topic: will BTC break below 60,000?
Looking at the weekly chart, where might BTC be now? I believe we are currently in the unilateral downtrend phase behind the yellow circle, corresponding to the second stage of the bear market. The second stage is when seasoned traders all jump in to buy the dip, but end up buying halfway up the mountain. The subsequent pattern will include continued downtrend and sideways movement (since everyone knows it’s a bear market). It will end with a weekly candle with full selling volume, which marks the bottom of the spot market for a left-side accumulation (but likely to be trapped for a year). After that, a long sideways period follows.
Also, a risk to watch out for: look at the volume below. As the weekly chart shows, trading volume has become very thin. If BTC narrative collapses, don’t be surprised. Another theory is supply exhaustion: if supply dries up, it could cause a price collapse. BTC, being a naturally deflationary currency, faces this issue.
Therefore, a break below 60,000 is basically a certainty. The optimal buy zone is between 53,000 and 43,000, expected to appear in the second half of 2026.
After October 11, if US stocks dip slightly, Bitcoin will crash sharply. Every time Bitcoin crashes, altcoins fall even more. The entire capital transfer chain and exhaustion chain are very clear.
Additionally, a reminder: for gold, any rebound should be met with profit-taking at highs. BTC’s cycle clearly overlaps with gold’s decades-long cycle—sometimes positively correlated, sometimes negatively, but not necessarily all the time.
BTC’s movement is centered around the halving cycle.
By the end of 2026, as the bear market bottoms out, BTC will enter at least a 3-year bull cycle. So, clearing out gold this year and waiting for Bitcoin’s deep bear bottom is the right move now.
Many people ask what to prepare for the next bull market.
First: BTC
No need to explain; regardless of the cycle or stage, it’s the most valuable long-term bottom asset.
Second: ETH
Ethereum is worth accumulating for the next bull run.
I personally believe that during this bear market, ETH could still see around $1,000—this is a very comfortable accumulation zone.
ETH’s poor performance this round is mainly because the last rally was too strong, overextending expectations, so people are less optimistic now.
But this collective disappointment often leaves room for explosive growth in the next cycle.
Third: CRCL (US stocks)
My bottom estimate is $30–$50.
If it really drops into this range, it’s a potential ticket for a 10x rally.
Fourth: TRUMP Token
This one is basically cooled off now, but it could be very promising in the next cycle.
If Trump survives the midterms and remains in office until 2027–2028, TRUMP could become one of the most explosive memes of the next cycle.
The logic is simple:
1) The bear market will push its price very low, possibly to $1, which would be like a tenfold cut;
2) It’s not fully unlocked yet, so there’s no momentum to pump it; we must wait until unlocking is complete and the whales switch hands;
3) Fully circulating + ultra-low price + current president’s support—this combo is very strong.
It’s very possible it could ignite directly in the next cycle.
Fifth: CoinMan
Basically confirmed to go spot.
As long as CoinMan remains the top exchange meme, it will be a major player in BSC, and it will definitely perform well in the next cycle.
Sixth: Fartcoin
No need to say much; meme with pure vibe, and it won’t perform badly in a bull market.
Seventh: Useless
The leader of the nihilism sector.
Deep logic behind it; it’s a category I’ve been observing long-term.
Eighth: HYPE
Has fundamentals, narrative, and consensus; it will be a hot topic in the next cycle.
Ninth: Polymarket (launching next year)
The narrative in this sector is very strong. Once it launches, it will be on the watchlist.
Tenth: Pump
Key factor is the launchpad competition pattern.
If it remains the top in the next cycle, there’s a lot of room for this project to go higher.
Eleventh: TAO or VIRTUAL
AI is the future trend. Currently, there are many AI-related tokens in crypto, but based on fundamentals, only these two are truly promising.
Twelfth: WLFI or ENA
Stablecoins are expected to be a major application in crypto’s future. Besides CRCL, WLFI and ENA are also worth watching. WLFI has Trump’s support, so it should be fine until the next bull cycle. ENA, although currently suffering a severe decline, is normal; its core is an algorithmic stablecoin.
In a bull market, playing these well is like printing money—annualized returns of dozens of percent, similar to Luna’s doubling. In a bear market, it’s a death spiral, causing runs and crashes. Whether to go all-in or stay away depends on your understanding and insight into the overall market trend.
Bull market ENA is awesome.
Bear market ENA is trash.
#我在Gate广场过新年