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The prefectural governor, May 1st, is still working hard. Today I want to share with everyone about Bitcoin. From 2008 to now, in 2026, there have been four bull markets. I’ll give you a realistic judgment by looking at the overall retracement depth across several past bull markets—from a local point during the bull market phase or at the ending peak. The unit’s maximum drawdown is:
1. The first bull market in 2011
⚠️ Peak: $33, Low: $2
⚠️ Maximum retracement: about 94%