$BTC Large position holders #Bianace .

$BTC The monthly line level has gone through 4 waves of upward movement, and the lifecycle of a trend is mostly 4 waves.

History tends to repeat itself, so the current decline is also a result of the lifecycle.

Where there is a decline, there will be an increase. From the chart, the monthly line level is currently supported and is likely to start rebounding.

This is just my analysis based on the monthly line chart. Of course, the market is still in a bearish sentiment, and we have to wait for market validation to know when the rebound will happen. Reminder: Special positions should be treated with special care, and those chasing short positions should have a response strategy ready.