The Bitcoin cloud chart has once again reached the bottom on the daily line. Under normal circumstances, there is a high probability of a rebound at the daily line level here—generally, it takes about 7-10 days from bottom to top, not asking for much, just a window for emotional recovery.

Recently, many people are calling for a major drop, but in fact, one should be careful of being caught in a rebound. In the short term, bearish sentiment has become somewhat concentrated, and if the rebound strengthens, it can easily lead to a stampede.

Looking at the bigger picture, September is likely a window for interest rate cuts; do not forget this macro logic. If there is a real crash, which round of declines occurred with interest rate cut expectations?

It's not that there hasn't been an adjustment, but it's unnecessary to view every fluctuation as the "end of the bull market." This market feels more like those who haven't fully boarded the train are being forced to pay an IQ tax. $BTC