Yesterday's wick dropped to $74,289 (close to the 120-day MA at $73,300), liquidating $240 million in short positions before starting a rebound. The daily K-line formed a 'piercing pattern' combo, which significantly increases the probability of a bottoming out. If I had to give a number, I'd say 69.9% (if no new lows are made in the next 3 days, the probability will increase by another 10%).