2.2 Focus on the once-every-four-years cyclical weekly EMA death cross

1. The weekly EMA20 and EMA60 moving averages of Bitcoin (BTC) have once again formed a death cross pattern, which has not occurred for 4 years. Looking back at historical trajectories, this phenomenon, which appears once every 4 years, has never ceased since 2014.

2. Whenever this death cross pattern is established, it often indicates that the long bear market process has only just reached its halfway point. Although we have not yet entered a phase of accelerated decline that truly triggers panic, everyone needs to be vigilant, as this extreme market condition could arrive at any moment.

3. Historical patterns show that after the death cross occurs, it will be difficult for the price to break through and stabilize above the weekly EMA20. This state of suppression usually continues until the entire bear market cycle is completely over.