【Reviewing the three major waves of BTC in the past six months, locking in significant short-term buying points】

Retracement Major Wave 1:

Decline: 110000-74457 = 35,543

35543*0.382 = 13,577.426

35543*0.5 = 17,771.5

35543*0.618 = 21,965.574

74457+13577 = 88,034 (Strong Resistance 1)

74457+17771 = 92,228 (Strong Resistance 2)

74457+21965 = 96,422 (Strong Resistance 3)

Rebound Major Wave 2:

Rise: 111959-74457 = 37,502 points

After continuously breaking through and stabilizing above Strong Resistance 1 and Strong Resistance 3 for 7 weeks, the trend reversed, reaching a new high of 111959.

Retracement Major Wave 3 (At present, this retracement major wave is actually not valid, because the trend has not reversed and bears dominate; only if it breaks below 100,000 and does not recover will this retracement major wave become valid. As long as 112,000 is not broken and stabilized, the following significant points can be used as reference for buying on the retracement):

37502*0.214 = 8,025.428

37502*0.382 = 14,325.764

37502*0.5 = 18,751

37502*0.618 = 23,176.236

111959-8025 = 103,934 (Short-term bull-bear dividing point; 103934-100000 is considered short-term buying space; breaking below 100,000 invalidates this)

111959-14325 = 97,634 (Strong Support 1)

111959-18751 = 93,208 (Strong Support 2)

111959-23176 = 88,783 (Strong Support 3)

In the last two to three weeks, after a minimal retracement to the 100,000 mark, it rebounded, with the retracement coefficient between 0.214-0.382. Therefore, breaking below the 100,000 mark will lead to 97634, which is the first buying point below 100,000.