My thinking on this round of decline is largely consistent with Wintermute's: 1️⃣ Remain cautious until bitcoin:native climbs back above the 50-week moving average. 2️⃣ If Bitcoin falls below $73,000 and the 200-day moving average, the next level to watch is $68,000. 3️⃣ A positive turn is possible only if Bitcoin's daily chart recovers and stabilizes above $80,000, and the spot Bitcoin ETF resumes weekly net inflows. We need to give the market more patience!