yanzihu

Hello everyone, I have to deal with some personal matters these days, so I'll update again in a few days. Today, I want to share my views uniformly. First of all, the bull market has ended; this view was proposed long ago. 126500 is also the ultimate peak of this round. Bitcoin has successfully reached its peak now. To put it bluntly, the altcoin season is over. Don't fantasize. The bear market has completely arrived. That's my view. Some people will definitely disagree and are unwilling to hear this negative talk. Let's break down why I say it has completely ended. At this moment, Bitcoin's weekly chart has already broken down. As long as the weekly close for Bitcoin is below 4150 tomorrow, the probability of my view being established is 90%. If you don't believe it, just wait and see. Unless Jesus comes tonight and pulls the price above 4150, then I will maintain my view that the bull market is still intact. Since Bitcoin has broken down, the bull market is gone, and there is no altcoin season anymore. The only thing you need to do next is to escape various rebounds. Now let's talk about Bitcoin. The cyclical view remains unchanged; continue to look below 74000. In the short term, if the weekly and daily charts can't close above 108200, it will weaken. However, there will be a rebound near 99000 on the weekly chart, and this rebound will be relatively strong. I hope you can escape during this rebound; otherwise, you will really be stuck at the peak for 4 years. Now let's talk about the short term. The 4-hour level watershed is at 104500. If it breaks down here, then look directly at 99000. If it can hold here and continue to rebound, the highest target is 109000, with an extreme target of 112000. If the market directly breaks through 104500, wait at 99000 for a full investment. Coupled with the interest rate cut on the 28th, there will be a relatively large rebound. Some people may ask, isn't what you're saying contradictory? You say the bull market has ended, and yet you talk about full investment. Pay attention to the distinction in levels. The cyclical view is definitely bearish. Of course, in the short term, there is also a rebound demand at 99000, and this rebound will be relatively strong. So, follow Bitcoin to make a profit in either spot or contracts. The ultimate target starting from 99000 is around 115500. This is my overall view. Everyone, take care of yourselves. Life is important. The positions have been mentioned; act according to the positions. I'll update again in a few days. No need to rush for updates these days; I'm busy. Please like, comment, and share. Thank you.