Direct conclusion: The current bull-bear cycle of BTC has completely broken the already rare four-year cycle (i.e., the dollar cycle), as the DXY (Dollar Index) has entered a long-term trend of oscillating decline In the long term, BTC and DXY exhibit a mirror-image relationship. If you accept that DXY is in a long-term oscillating downward trend, then you should believe BTC will experience a long-term upward movement Mid-term: The bottom is between 62471.83 and 52596.39. If you believe in cycles, you should trust the cycle of RSI (6) (the purple line below), which can be understood as a judgment of extreme market sentiment extremes. You can check the monthly chart yourself for reference—without exception, the BTC monthly RSI has now fallen significantly below the 50 midline, indicating it will attract extreme selling sentiment, thus leading to the identified bottom price range
First release across the network: short-term BTC 1H level forecast
Enter short after hammer position breaks below confirmation, target long-side liquidity downward Target take-profit level: 87662BTC 1H downtrend flag patternShort-term liquidation map: large accumulated liquidity exists between 8.8 and 8.7W