Short the highs, short the bounce, close your eyes and short, blindly short, randomly short—still making money. Analyze more, buy the dips, close your eyes and buy, blindly buy, randomly buy—always losing money. At this point, why not break $60K and wipe out all the longs? I’m sure many long traders are holding on, hoping for a miracle, or relying on that $59K+ level from earlier this year. Bear markets often bring massive blowups. There’s no bottom after this. I think $60K will consolidate briefly before dropping further. Lower lows keep forming, and rebound highs keep getting lower too. That means we’re still in a downtrend. From what I remember, bear markets are long and painful~ The process is filled with endless slow declines. Even after hitting a relative bottom, it’ll keep grinding there for a while.