During an uptrend, technical analysis and charts are useless because empiricism can't predict the irrational peaks of leveraged sentiment. During a downtrend, however, technical analysis and charts become valuable, as the historical process of deleveraging is always strikingly similar. This has been demonstrated multiple times in the process we experienced from BTC 120k to 60k and the halving trend in storage. Among those around me who managed to avoid the storage halving this time, many learned their lesson during the BTC drop from 100k to 80k and reused that experience to navigate this downtrend.