A monthly death cross has triggered a short squeeze, and a short squeeze in the second month after a monthly death cross aligns with the actions of major market players. There are currently two possible scenarios:
1. Before March, a death cross leads to a rebound to around 100,000, where it will peak, followed by a 45%-50% retracement over several months to bottom out;
2. Before March, a death cross leads to a rebound to near the previous high, where it will peak, followed by a 45%-50% retracement over several months to bottom out;
For these two months, focus on the monthly death cross rebound and avoid chasing the short position.
Currently, we only need to focus on how high the B-wave rebound will go in these three months! After the B-wave rebound, a large C-wave will follow.