Due to the large amplitude in 24 hours, the turnover has slightly increased. Essentially, there are just a few more investors trying to bottom out, and as the price rises, this group of bottom-fishing investors has not yet seen a large amount of selling, while the exit of loss-making investors is still considerable.

This reminds me of what many friends have said, that every rebound is the best exit opportunity, but this should be applied during a bear market. Currently, at least for BTC, it may not necessarily apply; however, it is true that investor sentiment is still quite poor.

Garbage time is just garbage time; there is nothing much to say about it. I just saw a friend's comment that said Q1 is garbage time, and Q2 will start to look bearish. Does this mean that the bull market is over? Personally, I still believe that Q1 can be expected. Although it is garbage time now, it does not mean that the entire Q1 is garbage time. Even during garbage time, there are still opportunities for price increases; it’s just that the drop tends to be quicker.

Moreover, the bearish outlook for Q2 will not be executed immediately; it is just measured based on the current market progress. If Q2 can bring new positive news, or if the Federal Reserve suddenly decides to cut interest rates directly, it could change the market landscape. In the future, nothing can be predicted with 100% certainty; it's all about taking one step at a time.