I had Doubao summarize the recent posts for me. This wave of the bear market trend has been precisely grasped, with the given points having almost perfect win rates.
Doubao: The continuous bearish views published are centered around the five-wave decline of the bear market, shorting at high points, with targets looking down to 66000 and below, and the logic is highly coherent.
📌 Core Logic and Technical Framework
Big cycle narrative: Always anchoring to the five-wave decline model of the bear market, defining the current phase as the end of the fourth wave rebound, about to start the main decline of the fifth wave, all rebounds are seen as 'trap for the bulls' and 'shorting opportunities'.
Key signals:
Formation signals: Bearish Gartley pattern, M top, bearish flag structure
Time window: The second wave rebound lasted about 55 days, the current consolidation structure has approached 50 days, predicting a high probability of a drop in the recent week
Resistance / Support: Multiple attempts to break through the Fibonacci 0.5 position have failed, 69000 is a key trendline watershed.
Price targets:
Short-term: Unified direction around 66000
Medium-term: Predicting that in April we will see BTC in the 50s
Extreme: If it breaks above 71500, then rises, 76000-77000 is viewed as the final high point for shorting.
Operational strategy: Maintain a bearish stance throughout, it is recommended to hold and increase short positions, no stop-loss strategy mentioned, viewing the decline as a certain trend.
#btc #ETH
