This wave of decline has scared many people, but what I want to say is — the rebound opportunity is actually right in front of us.

From a technical perspective, the short-term signals are still quite clear.

First, look at the Bollinger Bands. Although the bands are opening downward, the price is repeatedly testing the lower band support around 90900. This pattern of bouncing along the lower band often indicates that the bearish momentum is running out. At the same time, the MACD green histogram is shrinking, and although the DIF and DEA are still below the zero line, the downward momentum is clearly weakening, and the bottom divergence signs are becoming more obvious. Looking at the key moving averages, the MA30 at 90772 has become a defensive line; the price has tested downward multiple times without breaking below it, indicating that the main funds are quietly supporting the market.

I admit that the on-chain data currently looks cold and quiet, with large funds still on the sidelines. But what does this also imply? Markets often reverse at the most desperate moments. The greater the regulatory pressure, the more fully the short-term negative news is released, and the more ferocious the subsequent rebound will be.

I still stick to my previous judgment — the 92000 level must be tested again. Don’t be scared off by the market manipulator’s shakeout; their goal is nothing more than to make retail investors give up their chips. If you panic and cut your losses now, you will just fall into their trap.

Let me share my own trading approach: continue to hold the core position, and buy on dips within the 90900 to 90700 range, but each time the amount added is small. I set my stop-loss below 90000. If the rebound breaks through 91500, I will add another position.

Market behavior, at its core, belongs to those who are willing to wait. You’ve seen my previous top-timing and bottom-fishing moves, and I believe this time’s rhythm will be similar. Trust my judgment and stay focused on the follow-up trend.