Xiao Shiyi Lang provides a comprehensive analysis of the long term Dan! If you miss it, you'll have to wait another year!

After Bitcoin fell below the 100,000 mark, the bears pressed down all the way, from this week's high of 107,400 to the continuous decline now, with sporadic rebounds unable to support the trend. Institutional selling has directly stepped on the gas for the downward movement, creating a fully charged bear market atmosphere.

The whole network is calling for 110,000, 120,000, or even 150,000, with long positions piling up like mountains? The truth in the crypto world lies on the opposite side of retail investors! The levels that most people firmly believe in are often denied by the market.

Xiao Shiyi Lang believes that there is a high probability of a sharp drop next, with 88,000 just around the corner—retail investors will never catch the true bottom!

The history of Bitcoin has long made it clear: it has always followed the cyclical pattern of "rising for three years and then falling for a round." After such a long rise, it's perfectly normal to enter a periodic decline now; this is also an inevitable path towards a mature market. Now, this wave of adjustment has officially begun.

The technical indicators are clearly signaling a bearish trend: the weekly chart has declined for three consecutive weeks, which is a strong bearish signal, and the sellers have completely taken control. Moreover, Bitcoin has been consistently trading below the long-term moving averages, showing no signs of recovery; this downward momentum is still gaining strength!

So the long term directly aims for 88,000, and if it breaks below, we continue to look down at #Gate10月透明度报告出炉 #CoinDesk10月Gate战绩来袭 #美国结束政府停摆 #BTC .