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

Brothers, after reviewing history, we find 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.
The narrative of “five years unbroken bottom” and “trend line strong support” flooded the internet.
Retail investors all-in, futures full position, shouting “buy the dip, guaranteed profit,” no one warned about risks.
Result? Two days later, the black swan of March 12 arrived!
1. In 24 hours, BTC plummeted from $7,800 to $3,800, 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: Historical replay, the script is completely identical. After six years, in May 2026, history repeats precisely, with market routines unchanged:
1. Price stuck at $60K, the entire market drawing the long-term trend line since 2018, promoting “eight-year bottom, never broken”;
2. Price slightly rebounds after touching 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, futures leverage is maxed out again, fully recreating the frenzy of 2020.
3. Core truth: Trend lines are never buy signals, they are trap for inducing longs! Two instances in history, one cruel 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 to take the bait;
2. In 2020, after the trend line induced buying, 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 “mania—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 unfolding.
Stop blindly trusting the “trend line bottom,” 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.