Last year's consolidation lasted from March 12 to November 6, a total of 239 days, with a decline of more than 32%. The decline is so severe that even the mother of 'copycat' wouldn't recognize it, sounds familiar, right?

Comparing this consolidation, if it reaches the previous high I drew, which is 73777, the decline is also just over 32%, quite a coincidence! If it also lasts for 239 days, that would be until August 14...

Of course, I'm not trying to catch a fleeting opportunity. Currently, in terms of the decline, there's still a bit to go; at least some cash can be bottomed out near the previous high of 73777. From a time dimension, this kind of large-scale consolidation is still insufficient; it doesn't mean it has to consolidate until August 14, but it's highly likely that the first half of the year will be a consolidation market. If it is to be broken, it must be stimulated by a major event, most likely a rate cut.

In fact, from an emotional perspective or in terms of volume, it is still not enough; it must be when 99% of retail investors are shouting 'bearish' that we can truly say it's at the bottom. Looking at the chart and the volume at the last bottom, we are still far from it.

Lastly, I want to say that when everyone sees 73777, it definitely won't be the bottom; it will likely go to the 60s first, and then come back up.

Buying in batches, at most bottoming out 60% of the position, leaving 40% to wait for a reversal and build positions on the right side, this is the most prudent method!!! $BTC