💎 I sat down to retrospectively research the chart right now, and look what I noticed:



the situations of June 2022 and June 2026 📉

are identical in terms of being at Fib 0.61 RSI is the same, MACD is the same

All that's left is to survive the sideways chop for 20 days

but maybe it will fly off without the sideways?

Hold the door short$BTC
BTC3.56%
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
Add a comment
Add a comment
RouterRunner
· 3h ago
I think this consolidation period will be shorter, and on-chain data activity is an order of magnitude higher than in 2022—so a shift could happen at any time.
View OriginalReply0
SandwichMev
· 4h ago
It is quite a coincidence that the MACD golden cross positions coincide, but the macroeconomic environment is vastly different. At that time, the Fed was still in a rate hiking cycle.
View OriginalReply0
LintCollector
· 4h ago
This 0.61 Fibonacci level does look familiar. I remember that rebound in 2022, but history doesn't simply repeat itself. The funding rate is different now, right?
View OriginalReply0
GateUser-6857a9c9
· 5h ago
20 days of consolidation? If it goes straight V-shaped reversal, shorts will be liquidated en masse again. Leverage is now much higher than in 2022.
View OriginalReply0
Mint-ColoredCalmness
· 6h ago
Hold the door lol, this meme has been around for years. Old-timers in crypto get PTSD when they see fib 0.61.
View OriginalReply0
  • Pinned