It seems the market has played the worst possible game: a rapid sell-off after accumulating positions in the 75-76k range! Yesterday, I reminded everyone that there wasn't much buying pressure at 75k. Instead, I hoped to wait for a further drop followed by a rebound before entering the market. Today, as expected, it plummeted to around 73k. Over $1 billion in crypto market liquidations occurred in the past 24 hours, with approximately $913 million being long positions. This means that all long positions bet on 75-76k were liquidated this morning, completing the deleveraging process. We've reached a relatively good entry point for a rebound. The current sentiment is undoubtedly panicked, but I want to tell everyone not to be afraid. The market is already oversold, and a recovery is inevitable. 73k-74k: Short-term support zone; observe whether it can hold. 75k-76k: Area the rebound needs to reclaim. Above 77k: A sustained breakout with volume would be more conducive to judging a short-term structural recovery. The important thing is to wait for buying pressure to appear, not to blindly trade on the left side.