The market these days, the chat groups are getting quieter, and fewer people are discussing in the timelines.

Many who made money at the beginning of the year have given it all back, and many are starting to doubt whether they saw the wrong direction, while others have simply exited the market altogether.
Every major dip gives you an illusion:
This time is different.
But looking back, almost every cycle’s most despairing phase tends to look similar.
Panic, liquidation, mutual accusations, faith collapsing.
Then, when everyone is unwilling to look at the charts, the market slowly completes its bottom formation.
Based on my own judgment:
59,130.91 is very likely the most important level during this decline.
It resembles a concentrated liquidation after the main force broke below the 60,000 round number: creating panic, clearing leverage, forcing the last batch of capitulators.
Structurally, the MACD has already shown obvious divergence, and the probability of continuing to make new lows is decreasing.
But out of caution, I don’t think the market will just V-shape back up.
There are still many uncertainties at the macro level, so I prefer to see this as a double bottom formation process rather than a one-sided reversal.
Therefore, my plan is:
First entry: position around the current level.
Second entry: reserve some funds to handle possible secondary drawdowns.
Stop-loss range: 58,700 – 58,900
If my judgment is correct:
First target: 68,500 – 70,000
Second target: 81,400 – 84,400
This is not a certainty prediction, just a trade I am willing to risk betting on.
When the market is most pessimistic, it’s often when the risk-reward ratio starts to become attractive.
As for the outcome, I leave it to the market.