Liang Xi has looked at the market outlook and believes it can be bearish for the long term. Liang Xi said that today he analyzed a batch of altcoins' K-lines and found that most of the junk has formed a top pattern. At the latest next month, this junk will go back where it came from. It is advised that if there is a pump later this month, one should run away quickly (including Bitcoin). Last time when a large-scale altcoin formed a bottom pattern, Bitcoin rose from 75k to 110k. This time, with a large-scale topping, Bitcoin is likely to have a deep correction, with a rough estimate of the bottom around 76000-83000.
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