Looking through the historical data of BTC's monthly line, I found an interesting pattern: after closing 3 consecutive negative lines each time, there is often a wave of rebound. The time period is about two months, and the high point can be seen in the range of 102,000 to 106,000.

If you follow this rhythm, altcoins should be able to take off and pull several times is not a problem. This is how the previous cycles have been interpreted.

However, there is a prerequisite: even if it falls below the previous low this month, it should not fall too hard, and it is best to hold around 77,000. In this way, the monthly pattern is in line with the expected trend. From a technical point of view, there has been a bottom divergence signal on the daily line, superimposed on the 5-wave downward structure and 3-wave adjustment pattern, and there may be a real drama next.