Reversal!!!

I used to sympathize with Fat Cat, but today, after seeing the records released by the police, I no longer sympathize with him. From some details revealed by the police, it can be seen that Fat Cat is not as mature as his girlfriend, and is an emotionally unstable person who tends to go to extremes. With such a mindset, he may be the next Liang Xi in the cryptocurrency circle

Back to the market, before the BTC halving, I predicted the maximum drop of the fourth halving

As shown in the figure below, I predicted a rational drop of -21.87% (calculated from the highest point of BTC), price: $57,600; emotional drop of -29.84%, price: around $51,800.

When the price fell below $57,000 on May 1st, there was no panic selling in the market, and I immediately sent a signal to get on the train. At present, it is correct. The price did not fall to the emotional level, indicating that the market is no longer dominated by retail investors, but by institutions; the era of high volatility and wild growth of BTC is over.

From the data on the chain, the price of Bitcoin fell below the realized price of short-term holders at $57,000. This point is an important support level in the bull market correction and the best point to get on the train. The market trend also confirms this. The current price has broken through this indicator and formed an upward trend. In the short term, it is difficult for us to see such an opportunity again.

Can I still get on the train now?

The best opportunity to get on the train was 20 days ago, and the second best opportunity is now. The big bull trend has been formed and is ready to go. The selling pressure of old chips has been exhausted, and institutional funds continue to flow in. This is a trend that a three-year-old child can see. If you see 2025, it is still not too late to buy now. Even if you don’t want to buy, don’t short, let alone short with leverage.

Don’t get too excited! Don’t get too excited! Don’t get too excited!

After seven years in the circle, I have witnessed too many short-lived things.

In the currency circle, if you want to go far and live long, emotional stability is very important. I hope everyone can walk out with a smile.

I will monitor the on-chain data indicators and key nodes every day and share them with you. If you are interested in on-chain data analysis, please follow me and exchange and learn together.

30% is determined by fate, 70% depends on the pie

$BTC #机构积极投资比特币ETF #BTC Trend analysis #BTC