Taking advantage of a day off due to poor market conditions, let's use the 4-hour bitcoin:native chart as an example: The market open interest (OI) has decreased, indicating that funds in both futures and spot markets haven't entered. Large funds are waiting for the price to stabilize around 75k, rather than blindly rushing in. The current price not falling suggests some support below, but the lack of strong buying pressure is causing it to oscillate around 75k. 75k is a crucial short-term level to watch, but it's not yet a confirmed bottom. Ideally, there should be a sharp drop to deleverage before a rebound, which I would then be willing to enter the market.