Has the rebound ended? Why is Bitcoin still falling? A major crisis is approaching, so come take a look.

1. First, discuss the reasons for the decline, then the future trend. The current drop is mainly caused by the upcoming CPI inflation data tonight. Last Friday's plunge was due to the non-farm payrolls exceeding expectations, so the market is worried that today's CPI will also have issues, leading to an early decline! Will tonight be bearish?
2. Actually, this is no longer important! Because the market has already priced in the decline in advance, so even if tonight's data is bearish, the drop will be limited. But if tonight's data is bullish, it could lead to a strong rebound.
3. Our strategy is to act early. As Shuqin mentioned on Monday, everyone should exit the market, as shown in the chart, waiting for a second bottom to buy back. Yesterday, she also said that today's CPI might cause panic selling, which is a very clear logic. So tonight, as we approach the second bottom, I will definitely add some positions. If you didn't buy the dip at 60k before, now that the second bottom is here, you can buy 30-50% of your position, and the rest can be a full position at around 50k.
4. Why not go all-in? Actually, there are still quite a few bearish factors in the crypto world, so caution is necessary. There is a major bearish event in the US stock market this Friday—the SpaceX IPO. Its huge market cap will drain the market, dragging the overall index down. US stocks have been crashing recently, but the crypto market is doing okay, having already fallen about 30% in advance, with less bubble risk than US stocks.
5. Therefore, the probability of a US stock correction is higher, while the crypto market will be relatively mild. The decline is just an opportunity to build positions. Don't worry; when the big rebound comes, it could bounce back 20k points or more. The more it falls, the greater the rebound.
6. So even if you're temporarily trapped, the eventual rebound will turn losses into profits and bring substantial gains. As long as you don't cut losses during the sharp decline or act against the trend, profits are just a matter of time. The rebound from 64k was already a good profit. Don't miss every big dip—each one is an opportunity. It tests your courage and patience. We will definitely make another big profit this time! Shuqin $BTC