In a bull market, the higher the rise, the sharper the fall. We started shorting from above 123,000, predicting a temporary peak at the break of 110,000, a technical top at the break of 100,000, then a direct drop below 90,000 to test 80,000, even entering the mid-stage of a bear market for a time.

Currently, the downward trend has not yet met the criteria for a reversal; overall, the market remains bearish and weak. The closer we get to the 2026 bear market, the more obvious it becomes.

1. The crypto market has suffered another heavy blow, with panic selling continuing (institutions/whales selling off).
2. The US stock market has seen an epic "plunge," affecting risk assets (global stock markets and the crypto market).
3. Non-farm payroll data exceeded expectations, but it's difficult for the market to benefit.
4. Fed rate cut expectations have plummeted, intensifying market concerns.
5. ETF and other funds have yet to show significant recovery, resulting in insufficient liquidity.
6. Bitcoin has seen two consecutive weeks of steep declines, with the market remaining in a state of panic and technical indicators showing a strong bearish trend.

Some people focus on bull markets, while others ignore bear markets. The scary thing is that some lose money in a bear market and lose even more in a bull market. Smart people don't care about bull or bear markets—they survive first, then seize every opportunity in each phase. If you grasp the opportunities, every wave can be your own "bull market."

Big rises and big drops breed opportunities. Opportunities are waiting for you, and so am I... #BTC