Private circles provide first-hand real-time market analysis and message reminders, while the square only provides second-hand non-real-time market analysis.

Elite circles reminded us to stop short orders in batches after the price of Bitcoin reached 61,000 and fell below 60,000. This is a very wise approach.

There are only two expected trends: [The big 3-5-2 wave drops above 60,000, with the extreme near 0.3333 of the Fibonacci fan] and [Currently still in the big four wave, the big four wave is a double sawtooth wave WXY, the target is the lower track of the weekly KC, this trend may be lower than 56,552, and the extreme may appear in the 4-digit range]. The article on Monday also emphasized that the probability of the big four wave is higher!

I mentioned many times in the circle before that 59,800-60,200 should be used to grab the rebound. Although the final pin was deeper to 58,402, it was also in line with expectations. This is a stage bottom, because no matter which trend there is, there will be a rebound here. The meme concept that was previously focused on also exploded! Outperforming most currencies, everyone must withdraw in batches!

From the perspective of macro news and data outside the market, the only positive is the approval of Ethereum ETF in July, and the negative is that the expectation of interest rate cuts has become lower, the US stock market has reached its peak, Nvidia has entered the 4th wave of correction, the German government sold 3.6 billion dollars of Bull Demon King in June, Mentougou paid 4.5 billion US dollars in July, and the Bull Demon King ETF continued to flow out. Obviously, the negative is far more and more severe than the positive!

Yesterday I expected it to rebound here and then rebound to 62000-62500 near the 6-hour BBI, extreme daily BBI, and then continue to fall. At present, the first rebound target has been reached. It also reminds that 62000-62500 can continue to take profit.

Today, it is expected that there will be another callback to 59600-60250. After the callback, there is still a chance to rebound to the 6-hour KC upper track and the daily BBI, which is located in the 63500-64000 range, and continue to fall after the rebound!

From the perspective of wave theory, the decline after 73777 is in line with the fourth wave WXY, and is currently in the Y wave decline.

The rise of 58402 is the sub-B wave rebound of the Y wave decline. The target of the sub-B wave rebound is the 6-hour KC upper track and the daily BBI, which is located in the 63500-64000 range.

After the sub-B wave rebound, the sub-C wave will fall. The sub-C wave and the sub-A wave will fall in the same length or longer than the sub-A wave. The sub-C wave cycle is the same length as the sub-A wave.

The end time of the C wave should be some time after the Mentougou compensation in early July. According to the cycle, it will be around July 11. Let's see when Mentougou will pay!

We stopped the profit of the beating order at 60000-61000. If you want to do a medium- and long-term beating, wait for the high point of the sub-B wave rebound!