I just got home from my training camp in Vietnam, so I won't be livestreaming tonight. I'll just discuss the market in writing. BTC's recent decline is driven by: External factors: Nasdaq down 5% in a single day, Tesla down 11%, Nvidia down 7%, risk appetite plummeted, and election optimism dissipated. Internal factors: CVD continues to reach new highs, but prices stagnate and fail to break through, indicating insufficient upward momentum and clear signs of bullish exhaustion. The decline was foreshadowed. A false breakout at 82800 on the daily chart was confirmed, followed by a drop back into the range and a new low, indicating a bearish trend. Rebound conditions and targets: Bottoming signals: A rapid recovery after breaking below the previous low of 74800, coupled with a negative funding rate, signals the start of a definite B-wave rebound. A breakout with volume above the 1-hour consolidation resistance at 76500 indicates short-term stabilization and a potential long position. Following the surge two days ago, sentiment was extremely euphoric, with many interpreting a small-scale bottom reversal as a "major bottom + bull market restart," which is an emotional judgment. Never judge a bull or bear market based on a single day's price movement; short-term candlestick patterns do not represent long-term trend reversals. Short-term strong support: $74,800 (previous low) is a good entry point for long positions. Do not be overly bearish until the price effectively breaks below this level.