The current market situation should not be blindly buying the dip! The true bottom is still not clear, and there is no clue about the end point of the downtrend. Do not rashly reach out to catch this "falling knife."

The BTC trend has deviated from the usual technical analysis framework. I always adhere to going with the trend, and my bearish outlook remains unchanged. Last night, the three major U.S. stock indices collectively plummeted, and the Nikkei index also continuously broke through key support levels, leading to a general decline in market sentiment.

The bottom has always been difficult to predict accurately, and we may be experiencing a historic market. If it continues to break downwards, it is not impossible for Bitcoin to look towards the 84000 level and for Ethereum to test the 2800 price point!