After the holiday, we need to pay attention to a new dynamic, which is whether the 40 billion government bond repurchase will release new repurchase quotas once it's used up.

Now at the 21-day moving average of $BTC 21, this position is indeed quite critical. I mentioned before that on the day of the first spike to 812, I said the spike was indicating a phase bottom was about to emerge, and then it rebounded to 83. Later, an iron fan gave another perspective that this spike would stabilize near the weekend and consolidate for two days, or it would spike again to find a phase foundation, and that night it spiked again to 806!

The key information at these two points is the constant mention of phases. How can we change this phased perspective? It’s the key position I talked about earlier, from rebound to reversal, which is the 21-day moving average, and that chart can be reviewed again!

So what you need to do is not to indulge in unrealistic predictions but to confirm whether the trend can change. The watershed is very close, and you won’t waste much time. You can also define 21 as a strong resistance level; if it breaks through, it will accelerate upward, and if it cannot break through, then it will just be a rebound.

I have explained it in enough detail, so don’t ask how to operate.