The long-term trend logic remains unchanged. The main downtrend cycle has not yet truly ended, and currently, whether on the daily or weekly chart, we are still in the adjustment phase.

Since around 125,000, I have been cautious. Based on the current pattern, the final bottom is expected to fall within the 40k to 60k range. For those already holding spot positions, entering the market at this point carries relatively higher risk.

Short-term rebounds can easily deceive people, so never be led astray by the upward movements. Blindly following the trend often marks the beginning of losses.

As for trading advice, in the short term, you might consider trading contracts to capitalize on these fluctuations, but for spot trading, it's important to control your positions and avoid heavy exposure. Also, learn to filter out some of the noisy market voices and various interpretations—more information often means more noise, which can sometimes become a burden for decision-making.