Will the crash continue? Will the bull market return? What stage is the current market in? Next, Amu will answer for you!

First, let's take a look at two pictures, one is a 4-hour chart, and the other is a weekly K chart. The weekly K structure is currently in a wave pattern, and the current market is in the B wave phase, which is also a secondary movement in the bear market, meaning that the market is in a rebound phase for a period of time. The 4-hour cycle structure is also a wave structure, having completed the previous 7 waves, and is now entering the 8th wave, which is the rebound phase. There is a large and small resonance, which is logical, so we expect a rebound in the upcoming period.

Now let's talk about whether there will still be a crash and a bull market. We must understand one principle: discussing the market without considering the cycle is nonsense. For example, if you say a crash is imminent, and on the first day it doesn't crash, on the second day it doesn't crash and even rises, then on the third day it crashes, you start bragging, saying you are a genius. Such baseless and arbitrary statements are foolish, and many people regard him as a deity, the beacon of the crypto world! Based on the market and cycles, there is still one more drop at the weekly level, and at that time, it will inevitably break the 80,000 mark, going down to around 71,000, forming a three-day line indicator bottom divergence. The bearish strength will weaken, and then will be our opportunity to enter and buy at the bottom.

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