Recently, I’ve been studying tea art again and discovered something quite interesting called the Phoenix Three Nods.

Basically, it’s a traditional ritual gesture during tea brewing. The tea master gently lifts and lowers the water three times with a soft wrist motion, causing the tea leaves to swirl in the water. This movement looks like three bows to the guest, symbolizing respect for the guest as well as reverence for the tea leaves themselves. A true expert masters that gentle control—wrist soft but with precision—so that each cup of tea poured ends up perfectly consistent, seven parts full, leaving three parts for human warmth.

While drinking tea, I suddenly thought that this logic might also apply to the market.

Looking at Bitcoin’s 360-day annual line, I noticed an interesting rhythm. If we interpret the current trend through the Phoenix Three Nods logic, the extreme price is close to 64,000. A seven-part drop would be around 91,500. One nod at 91,500, two nods at 75,300, three nods at 64,000. Of course, this is just a metaphor, but the market indeed has its rhythm.

Currently, BTC is a little above 66,500, still some distance from those key levels. Support near the annual line—whether emerging financial products can escape this retracement rhythm, honestly, no one can say for sure. But just like the subtlety of the Phoenix Three Nods—control and softness—market operation also requires that balance.

As the year comes to an end, looking at the charts, I have some spontaneous thoughts. Whether it’s tasting tea or analyzing the market, the most important thing is the mindset. You can’t be too rigid or too pretentious; only with a unified mind can you see more clearly.