The left figure is a commonly used chart by so-called "empiricists", which is to draw a trend line or set a long-term moving average in a large-scale trend, and then support their viewpoint that it is time to buy the bottom again. Up to now, such comments have been making one after another. What Tang Ge wants to say is that I do not refute others' views, but I need to give extra solemn reminders to my loyal fans to avoid being misled by such views. Firstly, drawing a single line lacks a core and is not sufficient to clearly express the nested relationships within each level of trend. It is recommended to review the tweets from the past few days for this part, and we will follow up on the reports in the future. Therefore, we will not elaborate on it here. After a large-scale sharp decline and consecutive drops, there is indeed a need for upward pullbacks, but unlike the previous pattern of a smooth sailing rebound followed by a high point, this is a confirmation of pullbacks during the transformation of the original bullish trend into a potential bearish trend (potential trend inflection point). In other words, it can only be classified as an oversold rebound nature at present, which can be seen as long and short, but it is not an effective starting point for a rebound on the trend low point or a trend oriented uptrend. Moreover, in recent articles, Tang Ge has also mentioned that there is no structure to stop the decline at the major level, nor has there been an effective rebound from the previous support level. On the contrary, new breaking structures have emerged locally. It may seem like it has dropped a lot, but the fact that it has dropped a lot and the ability to rebound are two different things. Even if there are new highs in the future, it will still be the result of internal level breakthroughs, and the linkage after each level breakthrough has nothing to do with the so-called trend line low point here. Writing deeper things would be too long, and there are two meanings that Sugar wants to express here: 1. Prevent the occurrence of trend inflection points after large-scale backdraws 2. The uptrend here is still on the bearish side, and the modes that can be operated by multiple armies are: low long after further downward movement, and secondary retracement after each gradual breakthrough of small levels. Please refer to the article of the day for details! Don't be numbed by the continuous rise. There will be a bull market and a bear market, and there will be opportunities for fluctuations. Don't give up your own profits just because others have no basis or empty opinions, In the next few weeks, pay close attention to the retracement height of the daily chart on the right, which determines the turning point of this market trend. Only focus on existing structures and do not attempt to predict market trends. BTC