History repeats itself! Is the 2020 March 12 tragedy being replayed in May 2026?

Brothers, after reviewing history, I found that the current market situation is exactly the same as just before the 2020 March 12 crash!
History never repeats, but it rhymes. This time’s script, not even the details have changed.
1. March 2020: Five-year bottom? Zeroed out in a day!
In March 2020, BTC stabilized at $7,800, and the entire market was frantically drawing lines—precisely hitting the five-year major trend line that started in 2015, with the narrative of “five years unbroken bottom” and “trend line strong support” flooding the internet.
Retail investors all-in, futures full position, shouting “buy the dip, guaranteed profit,” no one warning about risks.
Result? Two days later, the black swan of March 12 strikes!
1. BTC plummeted from $7,800 to $3,800 within 24 hours, a drop of over 50%;
2. The trend line was directly broken, the so-called “iron bottom” as fragile as thin ice;
3. Over $3.45 billion in liquidations across the entire network, half the market wiped out, leveraged accounts cleared to zero.
2. May 2026: History repeats, the script is completely identical, six years later, in May 2026, history repeats precisely, with market routines unchanged:
1. Price stuck at $60K, the entire market drawing long-term trend lines since 2018, promoting “eight-year bottom, never broken”;
2. Price slightly rebounds off the line, market sentiment is euphoric, “It’s stable! Buy the dip! Full position!” voices rise one after another;
3. New retail investors follow the trend, old investors forget the scars of 312, leverage on futures is once again maxed out, fully recreating the frenzy of 2020.
3. The core truth: trend lines are never buy signals, they are trap for inducing longs! Two instances in history, the same brutal truth:
1. The so-called “long-term trend line bottom” is never used for buying, it’s a tool for the big players to trick longs and lure retail investors into taking the bait;
2. In 2020, after the trend line induced longs, it crashed, liquidating half the market; in 2026, the same drawing and promotion, the outcome is highly unlikely to be different;
3. The market always repeats the cycle of “euphoria—inducing longs—crash—panic,” human greed and forgetfulness never change.
4. Final reminder: don’t repeat the mistakes of 2020!
The scar of March 12, 2020, has not yet healed, and the replay script of 2026 is already playing out.
Stop blindly trusting “trend line bottoms,” stop going all-in, stop being driven by emotions.
History doesn’t lie; today’s blind optimism is tomorrow’s liquidation and zeroing out.
Protect your principal, respect the market, don’t let the tragedy of six years ago happen to you again.