The dream should end. Two weeks ago, Ethereum at 3400 seemed like a fleeting dream; Yi Lihua was full of confidence, but looking back now, it's already at 2100. Institutions are bleeding, whales are getting liquidated. What should we do next?

1. First, the current bottom-fishing forces are entering the market. Binance SAFU Fund has just purchased 100 million USD worth of Bitcoin, and another 900 million USD will be bought over the next 20 days or so. Can $BTC rebound?
2. Shuqin previously mentioned that around 75,000 USD for Bitcoin was the bottom of last year's decline. There is some support here. I advised everyone to buy the rebound at this level. Currently, Bitcoin has rebounded to 77,000 USD, showing significant unrealized gains. The most ideal rebound target is close to 80,000 USD. At that point, you can exit or even reverse to short. $ETH
3. Stepping out of the crypto circle, of course, the US stock market has become a concern for institutions. The need for a correction is growing. Precious metals have already triggered a market crash. If US stocks continue to pull back tonight, it might slow down the crypto market correction. However, as long as Bitcoin doesn't fall below 74,000 USD, I believe the chance of a successful rebound is quite high. At worst, if it breaks below, set a stop-loss—accept a small loss for a larger rebound. The risk-reward ratio is worthwhile.
4. In the long term, the crypto market still hasn't bottomed out. US stocks face increasing correction pressure, and with no rate cuts expected in the next four months, the downside is clear. The bottom is likely around 50,000 to 60,000 USD. Successfully bottoming out will be our biggest opportunity this year.
#BTC何时反弹？