How long will the bear market last? Carving the boat to seek the sword

Reproduction of Chart 1: Weekly K-line trend in 2022, assuming 60,000 is the next bottom. In 2022, there was a consolidation period of 150 days, about 5 months. After the drop in Chart 2, a new low appeared, followed by another 2 months of consolidation, and then a true breakthrough.

After dropping to 60,000, it only took 1 month, which is the time cycle.

According to historical patterns, the price cycle for this decline is approximately 53%, which is not deep enough, so the market still needs a longer consolidation period at the bottom. If the market falls below 60,000 as expected, you will have a few weeks to build your position. Returning to 60,000 is when the low leverage coin base starts, and the rest will be left to the market.

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