A slight increase is called a bull market rebound, and a slight decrease is considered the early stage of a bear market? Although trading is based on subjective probability games against human nature, subjective judgment does not mean being swayed by emotions.
The high and low prices are relative and determined by the market.
When the price is 40,000, 15,000 is considered the bottom; and when the price reaches 70,000, 40,000 is considered the bottom. Is it now that 53,000 a few days ago is the new bottom?
Rational analysis should return to the structure and form of the market. As mentioned above, 52,550 can be regarded as a short-term bottom, but the market may also continue to form a Z wave with a target area of 50,900-50,200.
At present, it seems that the decline since 65,000 has ended with a WXY structure, which is why it is recommended to arrange spot in the past few days. Buy in the bottom range, not just buy at the bottom. In my opinion, there is not much difference between the spot at 51,000 and 53,000.