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#pi Enter the bottom area
June 19, 2025
The daily line experienced a wave of decline starting from February 27 until the decline ended on April 4, lasting for 37 trading days with a drop of 73%. The three-wave decline started on May 14 and closed on June 19, which also lasted for 37 cycles. There is also a low of 9 in the sequence (in the decline cycle, low 9 needs to be used in conjunction with the structure). The closing price is 0.53721, with a drop of 56.6%. The decline rate has noticeably decreased, and the price has not made a new low.
The 2-day line has set a new low, with the lowest closing price at 0.54240. The nine-turn sequence has already failed, and there is no structure.
The long-term daily line has made a new low while the 2-day line has not, indicating insufficient coordination. If the daily closing price makes a new low in the near future, the coordination will improve, and it will enter an important time window for a decline for the first time in four months.
The bottom is an area where precise timing is very difficult; sometimes there may not be a bottom for you to buy the dip, and without a low point, you might miss out. Buying at the bottom is like catching a flying knife with bare hands; if you don't have the skills, don't even think about it. The best strategy is to enter in batches at low points.
The above is only a personal opinion and does not represent investment advice! #GateLive#