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Looking back at the judgments made over the past six months, several key nodes were indeed correctly identified.
In mid-May, the market sentiment was still very exuberant, and I felt at that time that the first wave of the rebound was almost at its end. I repeatedly emphasized a point: the essence of this cycle from 2021 to 2024 is still a bear market, just a significant pullback within the bear market. Unfortunately, many people were immersed in the fantasy of a bull market and couldn't hear it.
By July 22, the second wave of the market has also come to an end. The scent of a bear market has become stronger, and I continue to reiterate my previous judgment — this is not a bull market, but a super rebound in a bear market. However, the optimistic sentiment in the market remains.
Late August is a turning point. On the 23rd, I predicted that ETH would reach the 4950-5000 range within three days, believing that it was the ultimate top. As a result, it peaked at 4956, which was basically accurate. On the 25th, it was confirmed that this position was indeed the major top, and the bear market for Ethereum officially began.
On September 18, after a brief oversold rebound, the market entered a low range of bearish fluctuations. At that time, I judged that there would still be a decline space of 50-80%.
Early October is crucial. On the 6th, I remind you that the 4-year cycle is ending, the bear market for Bitcoin has arrived, and the degree of the crash may exceed expectations. I reiterate that the crypto market could drop another 50%-80%. According to Gann theory, October 11 may be an important time window. This is my last reminder: stop fantasizing about a bull market; this is just a flash in the pan during a bear market.
As a result, on October 11, the epic crash arrived as scheduled. Some altcoins were directly halved by 80%. After the fact, it was determined that on October 1...
(Note: The original text is truncated at "October 1", and the rewrite retains this incomplete ending.)
But to be fair, that drop on October 11 was brutal. The day I got trapped, I thought the sky was falling.