#BTC Fifth Round Halving Bear Market Interpretation

1️⃣ First Wave Plunge: From about $126,200 directly halved to around $61,800, followed by a small rebound of about 25,000 points, peaking at $88,000, seeming like the bear market has ended, but it is actually just an "illusion" ⚠️

2️⃣ Second Wave Downward: From $88,000 dropped again by half to around $44,000, then rebounded to $66,000, again creating the illusion that the bear market has ended 📉

3️⃣ Ultimate Decline: From $66,000 continued to drop by about 38%, touching the range of $42,000–$40,888, this is very likely the true bottom of this round of the bear market 🔥

💡 Cycle Reminder: The entire bear market may last 9–14 months