Compare the similarity between the 2022 bear market and the current trend at $BTC , which is as high as 90%.

In the 2022 bear market, after BTC peaked around 69,000, the first wave of decline dropped to around 40,000, then oscillated back and forth at that level for three months before starting the second wave of decline to around 20,000. After oscillating in the 20,000–30,000 range for nearly half a year, the third wave of decline began, dropping to around 15,000, marking the bottom of the bear market.
In this round, after BTC peaked at 126,000, the first wave of decline dropped to around 80,000, then rebounded and oscillated for about two months before starting the second wave of decline to 60,000. Currently, it is a rebound and oscillation after the short-term bottom of the second wave of decline. This phase is estimated to last another two months, so this back-and-forth oscillation pattern could continue until April.
By comparison, the third wave of decline in a bear market tends to be smaller than the first and second waves. In the last bear market, BTC fell 78%. Currently, BTC has already fallen 52%, so the third wave of decline could reach the 40,000–50,000 range at most. As a retail investor, adhering to the belief that you can't buy at the very bottom, starting to buy BTC in batches around 50,000 is a reasonable strategy. #深度创作营