#btc In about ten days, a cyclical bottom will form, and then you can start building positions and going long. Although we are already in a deep bear market, the last wave of rebound still needs to happen, and only then will the next downtrend begin. BTC monthly K death cross EMA52 is around 65,000; 66,000-65,000 can be used to build long positions. Another key level is the monthly K lower band at 55,290, which is also close to the 0.618 Fibonacci retracement level at 57,900, the retracement from the start of this bull market to the peak. There will be some rebounds, but before they arrive, the trading strategy should mainly focus on shorting during rebounds.