Let’s start with the conclusion
Without exception, all started a major correction immediately after hitting a new high
Chart One
After the new high of 25100, it directly corrected to 19500, a rapid correction over twenty days, a decline of 22%
Chart Two
After the new high of 31000, a major correction began immediately, a slow correction, taking a month and a half to drop to 24800, a decline of 20%
Chart Three
After the new high of 48900, a major correction began immediately, a rapid correction, taking thirteen days to drop back to the lower bound of the three-day line at 38500, a decline of 21%
Chart Four
After the new high of 73700, a major correction began, a slow correction, taking nearly two months to adjust to 56500, a decline of 23%
Okay, don't think that there won't be a major correction in a bull market
The fact is that the bull market still has nearly a year left
It is impossible to rise indefinitely
So the correction will always come
A slight correction, for example, 90 has already failed to catch up with people
Summarize the common points above
First, some rapid corrections take ten to twenty days, while some slow corrections take up to two months
Second, the decline is between 20% and 23%
Third, a rapid correction will immediately lead to a major rebound; if it is slow, it may fluctuate repeatedly, and may not even exceed the previous high, continuing the weekly correction.
Then
How to cope?
According to the rules
This time should be a rapid correction
Assuming a twenty-day correction
It was roughly from January 5th to January 25th
Meets expectations
Calculated based on a decline of 22%
If the new high is 105000, then the final target will be around 81000
Remember this price
It is not ruled out that it could go deeper to 78000 to fill the gap.
The above is a detailed historical analysis
Shining into reality
Dog owner execution!🤪