Bitcoin and Ethereum should not be blindly bottom-fished! Four major false signals do not equal a true bottom: The current continuous decline of Bitcoin and Ethereum is essentially a collective sell-off of high-risk assets under tightening global liquidity. The global markets are still in a defensive stance: high interest rates remain unchanged, U.S. debt pressure persists, and the dollar has stabilized in the short term. The two main cryptocurrencies fundamentally lack the basis for a trend reversal and bullish run. Although the charts seem to show signs of stabilization, they are actually four highly misleading false bottom signals, so do not enter blindly based on them.

First, the divergence between gold and the crypto market is severe. The market generally expects that after gold rises, safe-haven funds will flow into Bitcoin and Ethereum to push up prices, but under high interest rates and U.S. debt pressure, the core demand for funds is for stable safe-haven assets. Funds will never seek allocation in highly volatile cryptocurrencies, causing gold and crypto prices to diverge completely. Currently, the price only indicates a short-term halt in decline, not a confirmed bottom caused by fund inflows.

Second, the technical charts show false signs of a bottom. The appearance of stabilization and sideways movement on candlestick charts can visually be mistaken for a bottom with no further decline, but in reality, it is a short-term phase of diminishing selling pressure, not a trend-based bottom structure, and it can easily lead to a false bullish signal.

Third, the "no decline" illusion under no positive catalysts or incremental funds. In normal market logic, without positive catalysts or new funds entering, prices should continue to fall; the current sideways movement indicates a temporary balance between short-term sentiment and selling pressure, not strong buying support, nor a confirmed bottom.

Fourth, focusing only on short-term stabilization while ignoring macroeconomic pressures. Cryptocurrencies are highly sensitive to macro interest rates, dollar liquidity, and global risk appetite. Until the macro environment genuinely improves and liquidity loosens, the crypto market does not have a foundation for a reversal. Do not mistake short-term sideways movement for a market turnaround.

All of the above are surface-level illusions; the current market does not meet the characteristics of a true structural bottom. A genuine market bottom often has clear features: no one discusses Bitcoin and Ethereum, trading volume remains persistently low and shrinking, prices trade within a narrow range for a long time, even positive news elicits no significant reaction, overall sentiment is extremely depressed, and investors generally believe the assets have lost their investment value.

A true bottom always occurs when the market is completely "ignored," not during the current phase when many investors are still watching for rebounds, betting on a reversal, and shifting funds. Patience in waiting for real bottom signals is far safer and more rational than impulsively bottom-fishing or betting on rebounds. The short-term weakness of Bitcoin remains unchanged; the real bottom still requires waiting for both liquidity and sentiment to reach their lows.