We are clearly in a period of accelerating the short market. If the following market situation occurs, do not panic excessively. You have already anticipated and prepared for it.

It fluctuates back and forth between 50k-59k, with negative declines, and the center continues to move downwards. A weak rebound, the rebound will not go past 59k, or even to 56-57, maybe about a month.

In fact, this is the market trend in July 2021. Bitcoin successfully bottomed out at the end of July and went bullish.

Panic continues to accumulate, wearing away the last bulls, and the market may turn.

But if it cannot fall significantly below 50k, then the shock structure will be destroyed.

Keep looking for the bottom.

If there is a strong rebound, for example, to 62 63 but not 65, then it is even worse. It means that the short position continues to accelerate and the bottom is lower. This is the worst situation.