In order to make everyone understand more clearly, it is necessary to describe the market situation in detail again. Please refer to the following 3 pictures and several previous analysis articles (I have repeatedly called for the slug 76560 bottom to appear in the past few days, and a real turnaround will appear in mid-April, but more detailed details have not been pointed out):

1. Premise: The slug is currently only two-driven, and it still lacks the three consecutive hits of the C stage of the Wyckoff accumulation chart.

2. Astrology: According to the cosmic clock, the sun and Mercury will combine and cultivate together on April 12 [hehe], so the last spring of the Wyckoff C zone will be completed around April 12. Of course, the spring is very likely not to break 76560 and form a second low (a slightly lower point is better), and then there will be a turnaround, but this turnaround refers to the confirmation of the bottom.

3. Technical core; according to the weekly line of the maximum retracement level, the slug will fluctuate up and down at the bottom for about a month. The limit will be a large-scale breakthrough from May 22 to June 10 at the latest, and the monthly level will resume rising (traders who have not practiced internal skills, don’t argue with me. If you don’t understand the level, even if you win, it is a tactical victory, but you don’t understand the strategy)

3 Macro: Economic recession is inevitable, but independent organizations such as the Federal Reserve have always only monitored data, and will definitely cut interest rates and release water to save the market as much as possible before the recession (and Trump will try every means to artificially create dangerous data to promote the interest rate cut in advance, so that foreign funds will flow in to buy US bonds, and US bonds are the best in history. The longest super Ponzi scheme can continue to run wildly), so before the global economic recession, there is a long time window, which makes the financial market go crazy. We are waiting for such a crazy bull window.

4. Conclusion: Worst case plan, we have to be prepared for the slug. There will be a large weekly breakthrough from May 30 to June 10, and the monthly level will rise above 130,000 to 150,000. The big aunt must be prepared to reach the Fibonacci 0.786, which is around 1580, but this will only happen when Bitcoin has a three-drive breakthrough of the previous low of 76560, but we do not think Bitcoin will break through the previous low.