Song Xiqing: Turning point on June 30! After these three steps, expect 50k.

The drop last night was intense. The liquidity around 58.8k has mostly been cleared out, and almost all long positions below have been wiped.

So my judgment now is: it's highly likely to consolidate around 60k for a while first. Once stable, it will bounce back above 60k and retest the resistance zone I mentioned in my previous post.

Those who know me well should remember that I previously said June 22 was a reversal point. It was quite accurate at that time—it hit that level precisely, then dropped over 10%.

Now the next key node is June 30, which is coming soon. I expect the price to fluctuate around that node for a while, then push up to around 62k, where it will be suppressed, and then start heading down toward the 50k low.

In summary, the major trend aligns completely with the chart I initially drew. I still believe 50k or lower will be seen in July, most likely hitting the bottom by the end of the month.

I will position at the bottom of the bear market. Stay tuned.
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