Here's my view on the market



$BTC Since dropping below 80k in February to a low of 60k, it has been consolidating for 56 days now. Historically, consolidation phases last about 60 days. To use an analogy, this suggests that around the Qingming Festival this month, there will be significant volatility—whether upward or downward— with a fluctuation of at least $5,000.

I predict that after consolidating around 66k for 1-2 days, the price will start to decline, at least breaking through the bullish psychological barrier. When it reaches the 66-65k range and then drops to around 63k, and all the bulls start turning into bears, a single strong move will wipe out the entire rally—between 63k and 68k, with a $5,000 increase or decrease!

Hope to see this scenario play out! I look forward to discussing more with you during tonight’s live stream.
BTC-3,67%
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