$BTC can be said that the sharp declines in the first four times consumed a lot of buying power, so after this sharp decline, there wasn't much buying power seen on the market, instead, there was a downward trend after a period of horizontal movement, which effectively buried another wave of bottom-fishing funds.

In the short term, it will be quite difficult to return to a strong position:

Recently, the overall market enthusiasm was too high, and barring any surprises, the market this time, with the knife handed over by Powell, should be undergoing the most intense cleansing before rapidly completing a pseudo bull market, but after this wave, a greater wealth effect is about to arrive. Currently, as long as one does not perish, they will ultimately stand on the highest stage.

Operational advice: do not blindly bottom-fish, do not follow the trend to buy and sell, focus on mainstream layouts, avoid high leverage, manage your positions well, observe more and act less, and go with the flow.