Bitcoin's previous rebound wave lasted 18 three-day periods. The current rebound wave has lasted 15 three-day periods so far. There are still about 9 days left (end of month) before a trend reversal.



Japan may raise rates once on 4.28, and after each rate hike there is typically a down wave with a decline of 2-2.5w points. However, that's still 38 days away. If there's a downward reversal at month-end, then after Japan's rate hike, it will continue the downtrend on that basis and form a complete monthly-level down wave.

So there isn't much time left for bulls to push to 8w (next week, early to mid-April). The 3-day and 5-day oversold rebounds haven't finished yet.
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