BTC ETH Some thoughts on the market outlook After the sharp drop at the end of January, following our short position take-profit, it’s unlikely we’ll see another continuous one-sided trend. In the short term, the chances of a one-sided move up or down are very slim. February and March are highly likely to be a period of oscillation and consolidation, a corrective phase. Once volatility decreases, the market will decide whether to move up or down. At this point, the better strategy is to abandon the idea of chasing a one-sided trend. There’s still significant profit to be made in oscillating markets, but the key is to avoid greed and take profits proactively. After a few more candlesticks form, structural signals will start to appear. That will be the time for us to observe and find entry points. This time, from the lowest point of 60k, a 20% rebound would be 72,000, and a 30% rebound would be 78,000—both valuable reference points. For BTC in the long term, I don’t believe this is the bottom of this bear market. Bottom formation isn’t something that can be completed in a short time, and the probability of a sharp V-shaped bottom is low. Looking at BTC’s historical patterns, this level isn’t where users are at their most desperate. Only when users are at their most desperate, and the market is completely neglected and desolate, will it be the best time for us to enter and catch the true bottom. During this process, it’s best to stick to swing trading. At the same time, BTC’s four-year cycle hasn’t been broken yet. The cycle is like a heavy truck speeding down the road—it takes time to transition from high speed to a complete stop.