2026-02-04 13:35:03

#BTC Why is it not about "carving a boat" but something that requires special attention? From the Wyckoff trading perspective:

1. November 2018 saw a single-month decline of 47%
2. May 2021 experienced a single-month decline of 49%
3. June 2022 had a single-month decline of 44%
4. As of June 2026, there has been no single-month decline exceeding 30%

Why is such a decline necessary? 1. From a market psychology perspective: panic selling as an emotional release. 2. From a leverage and liquidity perspective: the inevitable result of the liquidation mechanism. 3. More importantly, it requires the exchange of chips between weak hands and strong hands to drive the next bull run.

The key is that the exchange of chips between strong and weak hands can prompt the main players to push the market up again, making it profitable.

BTC-3,38%

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