The market is just as expected. Last night at 8:30 pm, the release of the CPI data by the US met expectations, which is a significant positive for the capital market. The three major US stock indexes all rose, with the Nasdaq surging by 1.4%, reaching a new historical high! The bullish trend in the cryptocurrency market also gained momentum, with Bitcoin surging by over 5000 points in a day, sweeping away the recent continuous decline of nearly two months. It can be confirmed that the trend has reversed, barring any unexpected black swan events in the future!

Just yesterday evening, around 6 o'clock, before the direction of the news was clear, this account observed the structure of the BTC trend (currently running the third buy point of the 30-minute central axis) and explicitly indicated in the community: the buy point appeared, predicting an upward direction, and firmly bought spot at the moment. Those who followed have reaped significant profits!

Long-time followers of this account will know that I have repeatedly mentioned in recent articles the optimal buying opportunity for Bitcoin's daily three-buy, signaling the start of a major bull market. In the article "The Probability of Bitcoin's Daily Three-Buy is Increasing" on May 6th, I clearly stated two necessary conditions for a trend reversal: a second buy on the 4-hour chart and the daily MACD crossing above the zero axis. Furthermore, the article directly provided the expected upgrade pattern of the 4-hour central axis nine-segment form. The current trend is completely in line with the projected trend, once again perfectly demonstrating the essence of the K-line theory: predicting the unpredictable!

With Bitcoin currently breaking through 65500 and surpassing 66000, the return of the bull market is declared. In the face of a trend reversal, one should follow the trend. Those who bought the bottom should hold for the long term, and not easily discard cheap chips. Those who are hesitant to enter the market need not worry, as there will be opportunities to get on board.

First, let's look at the daily chart. The trend on the daily chart is completely consistent with the projection on May 6th! With the appearance of the second buy on the daily chart, it is highly likely that it will move towards a third buy on the daily chart. This segment is probably going to challenge the historical high once again. With yesterday's large bullish candle, another key indicator of the trend reversal, the MACD, is about to cross above the zero axis. Once the bull market stabilizes, breaking the historical high will be just around the corner.

Now, let's look at the 4-hour chart. Apart from some differences in the positions compared to the projection in the article on the 6th, the current trend is basically in line with the projection at that time. What is currently running is the second buy or the ninth buy point of the central axis. The recent high point on the left at 65500 has been successfully surpassed, and the next target is the upper edge of the central axis and the historical high.

If you are interested in K-line theory and want to obtain learning materials for free, watch public live broadcasts, participate in offline K-line theory training camps, improve your trading skills, and build your own trading system to achieve a stable profit goal, use K-line theory to timely exit at the peak and buy at the bottom, you can scan the code to follow the public account and chat privately to obtain and add this account's WeChat to join the study group!

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