The development of the market is still largely within expectations.

At this stage, the rebound is more like a trap for the bears rather than a sign of trend reversal.

Once a bear market is formed, it essentially becomes a game of time and patience.
Spot trading cannot "buy the dip"; many people can only hesitate during rebounds and suffer through declines—
Not selling means the account continues to shrink;
Selling at the worst possible time, right at the bottom.

The true rhythm has never been now.
The significance of a bear market is to wash out the impatient and hand over the chips to those with patience.
When emotions are completely exhausted, the market is dead, and discussions disappear,
That is the real stage where spot trading is worth starting to position.

Historically, a complete bear market cycle usually lasts about 11–12 months.
At least for the next six months or more, there's no need to rush into longs, nor to fantasize that a bull market has returned.

Regarding futures, try to avoid holding positions for a long time.
Choose the right direction, control your position size well, and risk is naturally manageable;
What truly needs to be guarded against are not the market movements themselves, but black swan events, sudden positive news,
and the instant "needle pricks" caused by force majeure.

You will find:
Every rebound is an attempt to induce more people to believe "this time is different";
And every decline tests how long people can endure.

This is a market of large base bets.
The vast majority of people are destined to lose money.

If you only do what everyone else dares to do,
The outcome will often be the same as most people.

To win, you need to think what others dare not think;
To survive, you need to do what others dare not do.