The holiday is over, is a big drop coming?

The monthly candle for Bitcoin this month is quite frightening, it feels like the evening star of a big drop, reminding me of the monthly candle from April 2021! Subsequently, the next month saw one of the most catastrophic drops in history, the infamous "5.19" crash!

Of course, it can't be as simple as seeking a sword in a boat, after all, the current consensus and institutional involvement in Bitcoin are difficult to compare to that time.

Moreover, the halving market had been ongoing for a year, and after hitting the upper Bollinger Band, it rose for 6 consecutive months, now we are 8 months post-halving and after 6 months of consolidation, we are breaking new highs.

However, this monthly $BTC is indeed making me sweat; with the double holiday ending, the main force is returning, preparing for an impact!

After such a long period of sideways movement, the longer the horizontal, the higher the vertical; this vertical can go up or down, but for now, the probability of going up is slightly greater.