$W Long signal confirmation: The three major negative factors are exhausted, a reversal is imminent.

Absolute oversold: Over two years, the price has fallen more than 99.2%, and the bubble has been thoroughly squeezed out.
Historical bottom: On April 14th, it reached the all-time low, and the current price is less than 10% above the lowest point, still in the absolute bottom zone.
Position anomalies: Contract open interest has hit a nearly one-month high, with massive funds quietly accumulating at the bottom. Today, the price has already shown a clear increase, a typical prelude to a rally.
There is enough room, risks have been released, and funds have entered the market.
It's the right time to go long, with the first target being a 50%+ recovery.