Last week's M2 script continued to unfold, a small peak on the 12th, and the weekly chart continues to drop!

Key Point: The comparison of BTC's CME futures and global M2 liquidity mapping shows a strong correlation, which can be referenced in this script;

#29号置顶文章预判走势 Key point to note, the prediction of a significant drop to around 3100 near the middle track of the monthly line on the 29th has been realized. Currently, it appears to be consolidating and bottoming out, with a high probability of starting a monthly wave 2 corresponding to the main upward wave in December. The specific script trend is as follows:

Combining BTC with CME and global M2 liquidity comparison, there is a downward trend at the 3000 point in the short term, then a rebound to a small peak around the 12th or 18th, followed by a second probe near November 25th, then starting the main upward wave in December near the 21st, followed by a significant drop after January 2nd, rapidly rising to a peak near January 7th, forming the right shoulder, then the bull market ends;

The daily trend above generally corresponds to the script on the 29th, the three-wave structure of ETH's monthly decline after a historical high, with the first wave supported near the middle track of the monthly line around 3000, followed by a rebound of the second wave from late November to early January, then turning to a downward trend of the third or fifth wave;

$ETH
#美国ADP数据超预期