All trend structures of the large B wave rebound have ended, and the large C wave decline has officially begun. Wave Legend predicted on November 20th that BTC would fall to 80K, signaling the start of the large B wave rebound, which ended on December 28th with a target of 107K (Japanese interest rate hikes caused space compression, with a high of 94.5K). Yesterday morning, the market entered the final sub-wave of the large B rebound. Wave Legend conducted a full-day live broadcast (from 9 a.m. to 10:30 p.m.) in the subscription group, thoroughly summarizing and analyzing the current trend and structure. During the early morning (after 7 a.m.), when the market was most panicked and downward inducement was at its peak, it fell to 86.4K, indicating the last inducement before the rally and the start of a major rebound. The market rebounded as expected, reaching a high of 89.5K. At 8 p.m., a reminder was given for everyone to prepare to exit, as the rebound was ending and all positions should be cleared—large C wave is about to begin. The precise timing of the trend reversal was only two days off from the prediction made a month ago, once again demonstrating the accuracy of wave theory in market prediction. Everything has ended; all illusions should be abandoned, and the market has fully shifted to a bearish mindset. The long bear market has arrived. In the coming months, expect major declines with minor rebounds, mainly shorting at high points. The final target price for market correction is 57,600, after which the market will enter a bottom-range oscillation. The decline of the large C wave has already begun. How the subsequent trend will develop and how the structure will operate, please stay tuned to #WaveLegend "Market Analysis Today."

BTC0,55%
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