Here's my current view: the support level for BTC at 76-75k doesn't seem very strong today. This means that if you buy in now, you'll likely be stuck for a while before you break even. While there's some buying in the spot market, it's too little to support the overall upward sentiment. I closed some of my short positions this morning during the drop. The market rallied a few days ago, then wiped out short sellers, and yesterday's drop wiped out long positions. The deleveraging process is rapid. There's also the non-farm payroll data release tonight at 9:30 PM, expected at 65,000. If the data is worse than expected, there will be a rapid drop; if it's as expected, it will continue to fluctuate. There are two possibilities: shorting is definitely not an option. 1. After BTC fluctuates around 75k, increased volume could lead to a rebound next week. 2. The market could quickly drop to 73k and then rebound. Another, more disgusting scenario is that after the non-farm payroll data is released, it will fluctuate around 75-76k to accumulate enough long positions before a rapid drop... Right now, all we can do is wait patiently, including with the US stock market.