#BTC走势分析 Carefully observe the red circle on the left (approximately the low point after the Luna crash in mid-2022). At that time, the long lower shadow indeed triggered a few months of oscillation and rebound.

However, after the rebound, the market did not reverse immediately. Instead, a lower low was made a few months later (the actual lowest point on the right side of the left circle during the FTX crash at the end of 2022), and only then did a real bull market begin.

Moving average resistance: Currently, the moving averages on the right side have started to turn downward, forming a death cross trend. This means that even if there is a rebound, there will still be heavy trapped positions pressure above.

Market environment differences: The macroeconomic background, liquidity, and narrative logic behind the two major declines are definitely different. The capacity of funds to absorb these shocks also needs to be observed as the market develops.

This is a good risk-reward left-side/half-right-side entry point, which can potentially lead to a weekly-level rebound similar to the one in the left circle. $BTC