Looking at past examples of parabolic movements of BTC in 2014, 2011. BTC did have 85% retraction from ATH . The bull trap shown in the chart is there on every year Bitcoin has gone parabolic.
Good luck yall
One thing is clear. People’s behaviour is and will be the same for thousands of years, since this behaviour of greed/fear has been acquired for years to fit the context in which we live. We have changed our way of living since the first Homo sapiens sapiens, but our brain oldest feelings haven’t changed that much.
That said, we know the next top of the next parabolic shape will behave similar to this one.
My chart showed another thing, but having a look at your chart after having searched some info, I think I’m not correct with my ideas.