Let's clarify that a true rebound signal must meet these three criteria:

1. The 78,000 support level holds firmly with increased volume during the rebound.
2. The Fear and Greed Index starts to rise from 15.
3. The price effectively breaks above the 80,000 psychological barrier.
All three signals are indispensable.
Don't mistake a short-term rebound for a reversal.
Hold your horses.
Compared to the 2022 bear market and this round of bear market,
this decline is noticeably faster and deeper.
In 2022, it took seven weeks for the rebound high to reach this level,
whereas now it only took three weeks.
After that, it entered a bottoming zone for over a month.
It took about half a year of prolonged bottoming before the market re-entered a bull phase.
This time, let's use time to explain.
Since it's a bear market, there's no rush to catch the bottom.
Because bottom oscillations and accumulation take about half a year.
Plenty of opportunities.