Many people often talk about cycles, but they keep bringing up the 4-year cycle and saying nonsensical things, twisting the concept in a way that sounds very funny. Please don't preach incomplete knowledge that misleads others like this anymore.

Repost the nth time about the levels of the Elliott wave cycle ( for everyone to have a complete perspective & foundational understanding for themselves:

• Grand Supercycle: a level of supercycle wave, a wave that lasts for decades, sometimes even a century.
• Supercycle: a level of super wave that lasts from several years to several decades.
• Cycle: the level of the cycle wave lasts from 1 to several years.
• Primary: the main trend wave level lasts from a few months to 2 years.
• Intermediate: the trend wave level lasts from a few weeks to a few months.
• Minor: the level of subwave lasts for a few weeks.
• Minute: a small wave level lasting for a few days.
• Minuette: a very small wave level lasting for a few hours.
• Subminute: a level of wave that lasts a few minutes.

The image below is a basic representation of each characteristic such as height, depth, and length of each wave in one wave cycle. There are certain rules that need to be followed, such as:

- Wave 1 is not the longest wave.
- Wave 3 is not the shortest wave.
- Wave C is not higher than wave A and is an UNDEFINABLE WAVE - meaning wave C has no specific stopping point, it could dump to delist and still be correct => that is why one should not catch a falling knife in a downtrend, only buy when seeing a reversal wave ) wave 2( even though the entry is worse.

*** This is not mentioned in any document, but I will always pay attention to the confirm point of wave A: When A is less than 4 => confirm into a downtrend => retrace)B( then exit the position and open short.

To determine the drop point or bounce point of these waves, the most common and popular method until now still is fibo) expansion + retracement(.

Just by mastering this basic knowledge, everyone's FOMO will decrease by 80% without needing to listen to any advice or analysis from anyone. However, in this market, the more you know, the narrower the profit margin becomes because knowledge will prevent people from taking blind risks. Ultimately, knowing just enough is the best.

When I said this year alt is red, and that we should only buy in Q4, everyone just jumped into toxic. I reminded right from the beginning of the season that this season we must be careful in choosing the match to play, where you sit, the KOL you follow, the news you read because anyone can deceive you, the wave of 5 "people's mind" is very distorted. Who can escape greed and desire? When I said it, no one listened and then went toxic, now they are scared of alt, flipping to BTC and so on because of blah blah. I don't even know what to say anymore 🤦‍♀️🤦‍♀️🤦‍♀️.

#VanMei