The short-term upward trend of Bitcoin has already shown obvious signs of breaking down, and market warning signals are at their maximum. If the key support level is not effectively recovered in the near future, history often repeats itself—the dramatic decline in November is likely to happen again.

From a technical perspective, a trend breakdown is usually a dangerous signal before a sharp decline. Big players often prepare at such moments, using technical weakness as an opportunity to dump and harvest retail investors. Many investors fall into the psychological trap of "believing in a rebound" and stubbornly hold on to risks—but such gambling often ends with losses.

The current choice is actually very clear: either take the opportunity of a rebound to cut losses and exit, or continue holding and face the risk of falling below the cost line. Once the price truly crashes through the bottom support, even the chance to cut losses will disappear. Whether this wave of market movement is a bottom-fishing layout or a timely stop-loss for survival can only be judged by one's own risk tolerance.