Since we initially liquidated our short positions, BTC has accurately dropped from 100,000 to 98,000 points, and ETH has fallen as expected to the 2000-2200 range, all realized.
Although we anticipated a rebound at these levels, the current rebound strength has exceeded expectations—especially the rapid rebound in the early morning, which directly broke through the technical resistance level.
Remember the core logic: a true bottom will not rebound swiftly; a rapid rebound is definitely not a bottom. Currently, BTC has only touched 98,000 points at its lowest, and the ultimate bottom structure has not been completed, with insufficient volume support.
The market still needs a full turnover.