PANews reported on June 29, Jack Yi (易理华), founder of Liquid Capital, posted that the current market is experiencing the third wave of decline since October 11. According to wave theory and cyclical patterns, this is Bitcoin's last major plunge. What everyone is most concerned about is Bitcoin's bottom price this time. The main factors are U.S. stocks and MicroStrategy. It is unclear whether the Fed's concerns about CPI will trigger shifts in expectations of rate cuts or even rate hikes, thereby bringing continued corrections in U.S. stocks. Additionally, black swan events or blowups often appear at the tail end of previous bear markets; this time, none have occurred yet and the situation needs close observation. Based on Bitcoin's peak of $126,000, a 60% decline would bring it to $51,000, and a 66% decline would bring it to $43,000. In any case, July to August should be the final window and also the best time to buy the dip, perhaps even the most actionable opportunity in the next three years.