Bitcoin's latest short position! Missed the 98K, missed the 79K, don't miss this one!

🖌️___First, the conclusion:
75,000 is not the bottom, but the threshold for entering a deep bear market.
Once effectively broken below, the market should no longer focus on "rebound correction," but switch to monthly-level defense, paying attention to the range 65,000 → 58,000.
The reason is simple: the adjustment level has changed.
From February to April last year, it was a weekly adjustment, but this current round has upgraded to a monthly adjustment.
Larger scale means longer time and deeper space, so 74,000–75,000 no longer meet the conditions for a trend bottom, at most just a correction or emotional rebound point.
Monthly support structure (from weak to strong):
70,800: Major wave 0.5, only a short-term rebound, not a mid-term value
64,800 (key): Monthly EMA52, the start of the main upward wave, may have a rebound but not a reversal
57,700: Major wave 0.618, strong structural support, falling here will start a discussion on whether the cycle has ended
Summary in one sentence:
75,000 is a threshold, not the bottom;
The truly mid-term worthy area is below 65,000.

$ETH If you ask me where Ethereum is headed, I might tell you that the overall trend is downward now, structurally bearish, breaking below 2000 and accelerating volatility between 1850-2000. The lowest point could potentially drop to the 1650-1750 range one or two times. Don’t dismiss this. If you want to buy the dip and go long, think carefully before doing so. Making money sometimes takes time, and there's no rush. If you really want to go long, wait until this round of decline has fully played out for the month. After dropping from the 3400 level this time, it’s getting lower and lower. When institutions start buying the dip, they also need to repeatedly shake out your positions; otherwise, don’t even think about it. #当前行情抄底还是观望？