No rebound after a sharp decline, don't try to bottom fish, you've already won by lying flat!

This morning, I stared at the market chart in a daze, unsure how to write this analysis. Such a sharp decline, a downward trend, today’s bottom-fishing army, where are they planning to buy the dip? If I had to choose, between bottom fishing and lying flat, I’d rather lie flat! Lying flat won’t make money, but bottom fishing is easy to lose money and get wiped out!

Zhong Liang boldly predicts that the bottom of this bear market should be around 55,000. Spot prices need to be below 60,000 before considering buying, but if the market doesn’t rebound, there’s no point in chasing short positions. After all, we’re near the 70,000 level now. After an oversell, will there be a sudden surge with a big bullish candle? That’s something to watch out for! Everyone knows the market won’t keep falling forever; it will go up again. But you don’t know where the bottom is. When prices rise, you just worry about losing your position…

Bitcoin’s daily chart continues to press down on the lower band, with all three moving averages trending downward. MACD shows increasing bearish momentum, while KDJ and RSI are turning downward and continuing to decline. The 4-hour chart also shows prices pressing down on the lower band without any signs of stabilization. The hourly chart is the same, so there’s no reason to buy the dip or go long. As I said before, the buy button has already been pressed. If there’s a rebound, go short; if not, watch and wait. Better to miss out than to make a mistake!

Resistance levels above are at 72,800, 74,300, and 76,000. Consider shorting around these levels, with targets at 71,000, 70,000, and 69,000.

For Ethereum, resistance levels are at 2,180, 2,250, and 2,320. Consider shorting around these levels, with targets at 2,130, 2,080, and 2,000.

Life is like a clock; you can return to the starting point, but it’s no longer yesterday! Each market cycle is similar, but similarity doesn’t mean identical. Seeing similar market patterns doesn’t guarantee smooth sailing. The biggest danger in investing is impatience, and the worst is impulsiveness. When analysis becomes a task and investing a burden, you’ve already gone off course. Facing the candlestick movements every day feels like being on a battlefield—once elegant, now unremarkable. Don’t walk backward; otherwise, all you’ll see are tears and sadness. #当前行情抄底还是观望？ $BTC