The day before yesterday, I drew this chart and shared it with a few old friends. At that time, I predicted that if Bitcoin fell below 114,000, there would likely be a strong rebound afterwards.
This chart was completed at 4 PM yesterday, and this morning I saw several people on platform X sharing similar views, so this chart is actually looking at the trend for the next three months. Pay close attention to the time markers on the chart; I haven't kept anything private, everything is public.
As for specific operations, when to enter and when to exit, I won't go into detail here on Binance, but this is indeed part of my plan, so I'm sharing it for everyone's reference. Before the "deep correction" I mentioned arrives, there will definitely be a rebound first, and at that time, altcoins won't drop too badly. I estimate that Ethereum will fluctuate between 3200 and 3700.
The future trend will depend on market sentiment, people's psychological state, and any breaking news—these will all affect the direction of my next chart. If any major news comes out during this period, the entire plan might be adjusted.
Currently, everything is slowly becoming clearer, and I will use this framework until the end of November—note that this is not a weekly plan, but one based on structure.
I've provided two charts; please take a close look.
During this stage, if you have spot holdings, hold on and don't rush to sell; wait for the rebound to exit. Don't short at this position because the indicators are already oversold, and you might get caught at the lowest point and be hit by a rebound. But don't go long immediately either, as the daily trend still looks bad; it might even drop to 115,000 before rising again. So, hold your spot patiently and wait until Bitcoin breaks through 115,000 and stands firm before considering going long.
The 115,000 position is crucial; I personally will wait until then to open a long position.
During this period, operations must be stable. If you've converted everything to cash and want to wait for a lower price to buy back, that's fine, but be clear: it's highly likely there will be a rebound before going down again.
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