Has the rally from 57,800 ended? We may already be at a turning point in this phase! As shown in Figure 1, since we clearly identified at the end of June that BTC’s阶段性 decline would conclude around July 1st, near the Gann time and price level of 58,000, we have maintained a bullish outlook for two months, during which BTC has risen by a cumulative 42.52%. We signaled a potential pullback at 66,900, noted in our August 13 video that the pullback would end on August 17, and indicated at 79,450 that the uptrend was still intact with higher highs ahead—all of these predictions have been validated ✅ So, is the rally now over? The key observation level is at the green Gann angle line 3/1—79,197. After testing it downward last night, price rebounded and consolidated above this support level. Given that BTC has now entered the Gann high-time window we’ve repeatedly mentioned, we must remain cautious. Merely holding above 79,197 is not enough—we need to see BTC break out of this range quickly and rise above 80,100. If this path unfolds, we still see potential to test 82,800–83,900. However, even in this scenario, failure to break above this level could immediately terminate the entire rally that began at 57,800, followed by a pullback or decline of similar magnitude. If BTC subsequently drops below 79,197 and fails to reclaim it within a few days, we can assume 82,300 as the final peak of the entire rally from 57,800; from 82,300 onward, a correction or decline of equal magnitude would likely follow. My article published on August 21, “Ducks Sense the Warmth of Spring Water,” has been viewed by over 210,000 people. The market outlook I outlined starting August 22 has largely been confirmed. As I’ve always emphasized—aligning thought with action—the analytical framework shared in that article remains relevant today. If you haven’t read it yet, please take a look; we welcome diverse perspectives while seeking common ground. The next video update will be posted on Monday, where I’ll provide follow-up analysis on the markets for U.S. equities, cryptocurrencies, gold, and other assets. Stay tuned.
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