Dragged by the significant weakening of the Nasdaq 100, most US stocks plummeted by about 10%, indirectly driving Bitcoin to decline in sync Short term support for the big cake at 62200: The market has repeatedly retraced and tested this level, but quickly recovered after the first dip yesterday; If this stabilizes, it will initiate a temporary rebound; If it effectively falls below, the downward space will be further opened up. Long term strong support of 60000 on the daily chart (February 6th low): This position exhibits a dual star bullish candlestick pattern, and as long as it does not fall below 60000, it is not suitable for sustained aggressive bearish sentiment. Support without breaking, not blindly bearish; Short term trading is mainly based on signals, with high highs and low highs, and contracts are prioritized for short-term operations; Focus on observing whether the support of 62200 can be held, in order to determine whether it will rebound or continue to decline. After effectively falling below the bottom support and quickly recovering, it belongs to the standard bottom signal and is suitable for laying out multiple orders False breakthroughs and subsequent rebounds increase the certainty of short selling Do not frequently open back and forth orders during the middle of the oscillation, as there are no cost-effective trading opportunities