This bottom lane, if we refer to the previous round, which is marked by the two blue lines indicating the high points of the last two bull markets, Then, the bottom is at: 55000! But unlike the previous round, where people had faith and the industry had hope, this round not only sees the industry facing destruction (VCs dead, ecosystem dead, narrative dead), but also major external economic crises, including the collapse of U.S. stocks, U.S. bonds, and banks, etc.