Look, friends, in my opinion, given the heavy trends that have been broken, I currently see a low probability that 80k will be the market bottom.
On the other hand, next week marks the official end of the QT (Quantitative Tightening) policy, and probably some time after that, the expansionary QE (Quantitative Easing) policy will begin, which is inherently good for the markets. We also have that story about Trump's stimulus checks, interest rate cuts, and other matters...
So, currently, the strongest scenario for me is that we will have a deep correction, but one shorter than the previous ones.
Right now, the most important area to look at on the chart for re-entry, in my view, is the 60-67 thousand range.
It's an area that represents a 50% retracement from the top, has long-term clusters on the chart, and in summary, good reasons can be imagined for a reversal from that zone.
But it comes with conditions - that we receive reversal signals from the chart, and only then can we consider re-entering.
What I've said is currently at the scenario level, and we don't have sufficient confirmation for it yet.
If we approach that area over time, it can be examined more closely and precisely.
I mentioned this now so you keep it in the back of your mind for later...
1November 24, 2025 1.4K
