[Image 1] This chart is pretty cool, it visualizes the current trend in data form. The previous three major bottoms (three red diamonds in the top left) all had: high losses + big volatility. But the current situation (yellow dot in the bottom left) shows: not enough losses + low volatility. Instead of betting that this is an unprecedented 'calm bottom,' it might be better to bet that this is just a 'breather phase' in the bottoming process. There have been plenty of these 'breather phases' in history. In the 2018 bear market, BTC's $6000 level was tested multiple times [Image 3], and many thought it was an unbreakable bottom. Before it broke down, it consolidated sideways at 6k~7k for two and a half months, eerily similar to the current 6w~7w sideways movement for two months. In the end, it crashed all the way to $3000