Let’s talk about the market of BTC. After BTC passed the good news of ETF adoption, the gbtc people who had been trapped in Grayscale for 2 years all sold their coins, so it is very normal for a short-term correction, and it also dropped by more than 7,000 dollars, actually 7,469 Knife, the drop is enough. No need to worry too much!
From the perspective of entanglement theory, the fifth center is still under construction. It should be difficult to reach below 40,000. It will basically not fall below the upper edge of the fourth center at 37888, let alone the lower edge of the fourth center at 35660.
When the monthly line closes in January, the price should be higher than 42500. I still stick to yesterday's view and the monthly line has been positive for 7 consecutive days until the end of March. It reached the top of 52088+ in early April. The big pie will be halved in April. It is difficult to have a deep correction before the halving. bsv The halving concept still has a chance!
The market is currently hyping up Ether's upgrade and ETF expectations, and the Ether exchange rate has also bottomed out! Embracing Ether, embracing the Ethereum ecosystem headed by ens etc is the right way! More potential double VIP skirts with fish, shrimp and crab hair (elite circle, dark horse circle, scout circle)
The Ethereum ETF is expected to pass in May, and it is expected to be 3300+. Every time it reaches the top, Ether is one month later than Bitcoin. In terms of time, Bitcoin peaks in March-April, and Ether peaks in April-May. In terms of time, it is completely That’s right!
There will be a big waterfall after 52088+. People from different wave schools have different analysis of the number of waves. For example, there will be a big 3-1 wave in the market (it will not be a new low, it will follow the four-year halving cycle, and the bull market will end in 2025), and there will be a big 1 wave. (There will be no new low, the bull market will end in 2026), Big B wave (there will be a new low, it will still be a bear market in the second half of 2024, the decline will be more severe, the bull market will not be until 2026 at the earliest), Big X wave (there may be a new low, or it may not There will be a new low, and the decline will be stronger than the big 1 wave and smaller than the big C wave. It will still be a bear market in the second half of 2024, and the bull market will not be until 2026 at the earliest), but no matter how you count the waves, the 52088+ plunge after March is different from each other. Everyone agrees. Therefore, after reaching the top of 52088+, everyone remembers to be safe in time. At least all the principal and a large part of the profits are safe. The money is yours when it is in your hands. You have to get it to the death. After April, it is more appropriate to wait until the wave clears before taking the risk, otherwise there will be serious retracement or even losses.
From the perspective of gold ETFs, after the gold ETF was passed, there was a slight correction for more than half a year, and the correction did not reach a new low, and then it rose 5-6 times in 20 years.
Bitcoin can refer to the trend of gold. It will pull back for a period of time in the second half of the year and then continue to reach the top. As for the big B wave, as well as the big X wave with a new low version (for example, X to Y is a non-shrinking platform type or a zigzag type with a new low). I agree, because there is no negative news that can make it fall to a new low, and compared with the gold ETF, gold has not reached a new low. Interest rates are expected to be cut in 2024. An interest rate cut is a big benefit. How can a good thing lead to a new low? The only life-saving straw for supporters of the big B wave and the big X wave with new lower versions is disease and war, but the new crown has survived. Is there anything more terrifying than the new crown? Can the war in the Middle East turn into a world war? I think it’s nonsense!
I think the correct wave is either a big 3-1 wave, a big wave 1, or a big Y is a triangle adjustment, a contracting platform adjustment wave, or a zigzag adjustment wave that does not make a new low). If you agree with me, remember to like it! Retweet comments!
There will be an event on our official account later today, please remember to pay attention.
More specific market analysis will be explained in the public account article at 7 a.m. on Monday.