Is 88877 a local top?

1. The rise just now, the price of BTC/USDT is 88877. For the USDT market value/BTC market value, which just fell to the high point before the release of the 4.2 tariff policy (88500), the corresponding ratio is 0.08206. This indicator filters the "noise" caused by the over-issuance of USDT, and thus the next wave of correction may be accompanied by the possible second bottoming of the US stock market;

2. Benchmark: A. On August 5 last year, the 50-day and 200-day moving averages crossed, B. After the price bottomed out at 49,000, the 350-day moving average, C. Rebounded and broke through the 200-day moving average, D. Then the 350-day moving average was bottomed out twice. It just reached C at present. Will history repeat and continue to go to D? Let's wait and see. $BTC