From a cyclical perspective, there may be a rebound from June to September this year, which can be seen as a 'lifesaving' window.
Currently, investors who entered at low levels and whose paper losses have not exceeded 50% still have a chance to break even during the rebound. It is recommended to reduce positions or liquidate at the appropriate time.
If there is no significant improvement in the market during this period, and coupled with a deep death cross appearing on the monthly Bitcoin chart, the consequences could be a continued price decline or even reaching zero.
In this situation, it is advisable to approach new capital investments with caution.
Investors who have not been deeply trapped should look for opportunities to exit as soon as possible; those who are only slightly trapped can choose to cut losses and exit; while those heavily trapped, a more prudent strategy is to decisively cut half of their positions to maintain liquidity, while keeping the other half for potential bottom-fishing opportunities after a significant drop, thereby lowering the overall cost of holdings and striving for a return during future rebounds.
