February 18th, based on the four-hour consolidation of BTC Bitcoin, this market has actually started to break down from the consolidation. As long as the Bitcoin daily bottom model at 66,000 cannot hold and is effectively broken, it will basically be a short-term dead cat bounce.

On the daily chart, the EMA7 has not yet broken above and is still under pressure.

Recently, foreign analysts have suggested that $60,000 is not the bottom and that $30,000 could be possible. Is this perspective correct?

From a time and space perspective, this is indeed a very important confluence point of Gann and Fibonacci.

But if Bitcoin reaches such a price, how will Ethereum move?

Currently, Ethereum is gradually approaching Gann’s 1/8 level. Unless it breaks 800, that seems a bit exaggerated.

If we really calculate like this, Bitcoin would be between 39,000 and 45,000, and Ethereum around 1500.

The recent Fear Index has dropped to its lowest at 5. The last time it was this low was in 2019, and AHR999 is also approaching the phase of blind dollar-cost averaging.