The current market is still in a weak downtrend—still lying on the ground and unable to get up. Don’t blindly chase a bottom. On Bitcoin, the last daily-line defense of the bulls at 74,000 has already been breached. If the 4-hour timeframe can’t be reclaimed, what follows is a step-by-step decline. Now even rebounding to 73,800 is difficult, let alone challenging 74,500 to the upside. Once 72,700 below is broken again, you can directly look at 71,600 and 70,600. Ethereum is even worse—after it drops below 2,000, it’s basically finished. If 1,965 can’t hold, then move on to 1,920 and 1,916.