عدسة الكريبتو - Crypto Lens

This analysis was written on November 29.
But I was waiting for a weekly close below the main low of wave 74, to confirm Bitcoin's entry into the first year of the cycle, which is the downward year.
The downward cycle is expected to extend until November 2026.
It is currently noticeable that the same people who were saying:
Buy Bitcoin from 80 – 70 thousand

Cryptocurrency investors are almost all at a loss now, and everyone is struggling to get their money back. Unfortunately, the market takes a part of their capital every time, and usually, the bottom of the bear market comes only after most people's money is depleted. So as an investor, wait for the right time, and don't get flustered now trying to get your money back while we are in a downward trend. Be cautious and don't enter any new investments right now, and any upcoming rise shouldn't deceive you because it might just be a trap that lures them in again and the market drops. Patience for profit and your money still in your pocket is better than patience with your money in the market losing, because you never know what might happen in the coming days; any platform could go bankrupt or any currency could collapse.

There are still voices calling for prices of 400 and 600, but unfortunately the chart says otherwise.
This analysis was published five months ago, and it is now confirmed by breaking a weekly close below the support of the Wyckoff model $SOL which indicated a target level of 58, and today it is being reviewed and confirmed.
58
The first target for the Wyckoff distribution model.
41
The main target of the model, and from this area the accumulation phase begins.

Stage One: Shock
This occurred in the month of October.
Rapid rise, achieving a new peak, spread of FOMO, and a large segment of people entering at the peaks.
Immediately afterwards, there was a sharp decline that created a strong shock for the herd in the market.
What happened on October 10 with a very strong decline was a clear confirmation of the beginning of this phase, which is the first stage of the bear market.

It reached the area of 68–67 thousand that I mentioned in the previous post,
The decline then extended to 60 thousand — and this is normal.
❗ I didn't say buy
But we expected the decline from 68
And now the price has reached 60 and a rebound occurred
But attention should be paid:
🔻 The rebound so far has only been on small time frames
🔻 And the negativity is still present
📊 On the weekly timeframe

Yes, we are in a bear market.
And I did not say this today; I mentioned it on October 10 before the drop, and the post is pinned on the page.
In fact, I said we have been in a bear market since October 6, and I specified in the pinned post the areas to buy Bitcoin.
Indeed, Bitcoin has reached 60 thousand.
Congratulations to those who bought there 👌
But the important question is:
Is it that easy for the bear market to end?

I published my last article when Bitcoin broke the last hope for a rise by breaking MA50, with the bounce confirmed from the resistance zone 98–101.
Since then, I have been confirming that what we see are not new peaks, but just bounces within a downward trend.
We have been at Beer Market since October 6, and all the rises that occurred were:
Distribution
Temporary bounces
Just attracting liquidity

The daily close of Bitcoin in this manner is negative, and if it is followed by a weekly close below 83,902, this confirms that we are done and have officially entered a bear market.
Although I see that we are already in a bear market since October 10, and all that happened was a dead cat bounce to retest the 98–101 areas.
The market currently:
Any rise = just offloading.
Positive news, and buying Sailor, and all the media hype = a strategy to offload any rise.

Bitcoin, after meeting the upward condition by closing above 90,050, reached the first target at 94,000.
Then faced a strong resistance area between 98,000 – 101,000 and bounced back from it.
Currently, the price is moving within an upward channel, and after the last dump, it bounced from an Order Block area which is currently considered a buying zone.
🎯 Next target:
100,200 at the top of the upward channel, God willing.

📊
The currency is positive on the hourly and four-hour frames,
And it confirmed an upward movement on the 4-hour frame.
🔹 Entry Zone:
0.008
🎯 Targets:
Target 1: 0.009
Target 2: 0.010
⛔ Stop Loss:
Daily close below 0.0067
⚠️ Important Note:
The stop loss is relatively far, so it's preferable to enter with only 3% of the capital to withstand the loss in case the stop is hit.