#btc starts oscillating around 72,000. The amount it rises above will be the same amount it falls below, and the entry point below is Y=72,000*2-X, where X refers to the high point!
We use this central axis thinking
1: Thus, it can be concluded that the support level below is around 72,000*2-73,620=70,380! Everyone should pay attention to this point, which will form a brief support!
2: Using the reverse, one can determine what the high point is!
What’s the principle?
For example
For instance, suddenly dropping to around 69,000! Which is the low point X
Since X is determined to be 69,000, we can conclude that the high point Y=72,000*2-69,000=75,000
So
1 is because there is a previous high point to determine the support level
2 is assuming a future low point to determine where the corresponding future high point is!
And the most critical range of 65,000-67,100 corresponds to the high point at 72,000 being around 77,000-79,000! This will also be the extreme high point of this wave. Everyone should wait and see!
Below is the content from October 30th
The red text from October 29th is yesterday's content. Everyone should look back at it now and you will have new insights
The emergence of this short squeeze effect has made everyone extremely worried, but it actually proves the correctness of the judgment, which is to spike high and squeeze shorts, trapping people!
This means it can be clearly concluded that this is a sign of the impending peak!
Everyone should pay attention to my wording: it is a sign of impending!
There are still a series of signs to follow
I will give a few examples
1: High-level fluctuations; everyone will notice that Bitcoin hardly falls
2: Certain mainstream stocks begin to explode, meaning they need to start covering each other while selling
3: Certain leading stocks begin to explode
Once all these begin
Bitcoin will create a gap in time and space!
People will find that Bitcoin has been rising, but its inherent nature is that it cannot rise effectively
For example
It took 10 days for 72,000 to rise to 75,000
It took 10 days for 75,000 to rise to 77,000
It took another 10 days for 77,000 to rise to 78,000
In the same time, or even longer, the relative increase is no longer sufficient
Initially up 10%, then 5%, then 3%, and even 1%
This is the initial short squeeze phase
The final peak occurs over a longer time, with lower increases; however, it is indeed rising, giving everyone a false impression, and then at a certain time, it suddenly crashes, trapping at the high point
The levels have already been given to everyone: 75,000-85,000 (don't think this range is too large; it's actually just 10%—this is the illusion of numbers). Everyone should wait and see if this rhythm continues!
And this process has the highest probability of continuing before December 31st of this quarter, potentially lasting until the end of March 2025, which is two quarters!
And all judgments have proven the correctness of the quarterly trend!
Let me show you a previous analysis
At that time, in March, after the first wave peak judgment at 73,777
The analysis given at the time was that a peak was reached, and then the pullback to 46,000-58,000 should be aggressively bought into! It will then rise again to 70,000-90,000. After experiencing this once, they still keep buying the dip at 46,000-58,000, with a very clear target of 70,000-90,000!
The core group checks 46,000-58,000, basically reminding everyone of this every week and at every time period!