The market is about to change direction, with the adjustment phase nearing its end. The main rise of the third wave of the major B wave rebound will start no later than early Monday morning. Any bearish factors in the market can only slow down the pace, but they absolutely cannot change the direction of the trend. Just like when the bull market peaked at 126K and entered a bear market, no bullish news (rate cuts, institutions buying, buying, buying) can reverse the downward trend. At the market bottom of 80K, all short-, medium-, and long-term wave structures have completed the major A wave ad

To summarize recent market views: On December 1, due to negative news (Japan's interest rate hike + MicroStrategy's potential future coin sales for survival), BTC plummeted, triggering another wave of panic selling across the entire market. At that time, the Wave Legend subscription group provided a live market analysis with a clear view: this drop was a washout orchestrated by market makers using negative news to shake out weak hands and prepare for the next phase. Subsequent market movements confirmed this judgment—the market bottomed out, and then the main players swiftly pushed prices back

Last night, the market broke through 93000 but couldn't hold above and fell back into a consolidation, which was expected. The correction structure of the minor wave is not complete, and a dip is inevitable. Subscription to the live broadcast has detailed explanations. Today, the market continues to oscillate in the morning, ideally dipping to the previous low around 90146 to complete the minor wave structure. In the afternoon, a new rising structure will challenge the first target of the big B wave rebound at 98000~100000. To know more about the future market trends, seize the opportunity

Tonight's opening of the U.S. stock market is attracting global attention—it's no exaggeration to say that this will be the longest night of the year. First, after the U.S. stock market closed on Thursday, the market lost its backbone, and global assets generally entered a wait-and-see state. More subtly, traders have clearly realized: the Fed's interest rate cut expectations have been pushed to the extreme, and continuing to double down has become dangerous, so they dare not make rash bets—waiting for the U.S. stock market to give new pricing signals. Second, before the U.S. stock

Nick Timiraos of the new Fed press agency has published another article, titled very plainly "Fed Chair Powell's Allies Pave the Way for a December Rate Cut." Three signals: 1. Powell needs "personal authority" to make decisions. The article repeatedly emphasizes: this is the largest internal disagreement in Powell's 8-year tenure, with all contradictions concentrated on this meeting. The final decision-making power has shifted from "committee decision" to "Powell's personal call." Nick's wording is very clear: "the final call rests with Powell" "Powell has to navigate stark di

The market rose from last night's low of 85217 to 89179 in the early session before pulling back. After stabilizing at 87413 by noon, it resumed its rebound. The market is just beginning the major B wave rebound cycle, and after a brief intraday correction, the rebound is expected to continue. The target is 98000~100000, after which a major wave correction can begin. The current stage should focus mainly on long positions, with this wave cycle expected to end around December 5. The major B wave rebound targets for BTC#1终极目标107500, ETH are 3950~4000. The target for this wave for #ETH is 3250~33

After the market bottoms out and the rebound ends, it is about to enter the final drop to complete the last wave of the first major wave of the bear market adjustment. The original expectation was that all adjustments would be completed and the big B wave rebound would begin before 00:00 on the 22nd. On the evening of the 21st, the 8 o'clock K-line only achieved the spatial structure 80602, and the wave structure has not yet reached its target. At present, it seems that 80602 is the lowest point of the first wave adjustment in this bear market. Once the market completes the final drop and stru

The market continues with a low-volume rebound as the 4th wave extends, currently encountering resistance at 88,228. Avoid chasing the rally. The final drop in the market structure has not yet arrived. The 4th wave extension rising to 88,099 is nearing its end. The early forecast anticipated that the market would complete the entire downward structure before 00:00 on the 22nd and enter a major B-wave rebound. At 8:00 PM on the 21st, the candlestick only reached a spatial low of 80,602, but the structure was not completed. At present, the market considers 80,602 as the lowest point of the first

The market continues with a low-volume rebound as the 4th wave extends, currently encountering resistance at 88,228. Avoid chasing the rally. The final drop in the market structure has not yet arrived. The 4th wave extension rising to 88,099 is nearing its end. The early forecast anticipated that the market would complete the entire downward structure before 00:00 on the 22nd and enter a major B-wave rebound. At 8:00 PM on the 21st, the candlestick only reached a spatial low of 80,602, but the structure was not completed. At present, the market considers 80,602 as the lowest point of the first

Waiting for the final drop

The market has entered the final stage of bottoming, and the bottom characteristics are becoming increasingly clear. After a rapid decline tonight, the swift rebound shows signs of a bottom. Previously, starting from the major correction at 103000, it was predicted that the market would finish its adjustment and enter a major wave B rebound at 00:00 on the 22nd. However, due to the extension of substructures, the entire structure was not completed within the expected time cycle. Tonight’s rebound is merely a technical rebound during the decline, not a reversal structure—just an oversold bounce