I looked at the trend of SOL, and that previous big pullback was quite severe—from 295.6 all the way down to 95.19, which directly evaporated 200. If we project the same drop now, 253.49 minus 200.41, the theoretical extreme low point would be around 50.

However, this matter still depends on the market's reaction after January next year. The key is whether the 100 level can hold; if it really falls below 92 and cannot recover, then a deep bear market may indeed be coming. If it really comes to that, I think for spot buying in batches, the range from 96 to 50 can be considered for gradual entry.