Take a closer look, the daily line bottoming out is more than halfway down the lower track. This is the bottoming out. And please note that it may not close with a needle. It may also close with a real Yin. In comparison, this decline is also quite normal. It fell out of half of the lower track. There are not many needles. Pay close attention to the follow-up. $BTC

1. The subsequent trend of the daily bottom in December 2019
See the dotted line in the figure, which is the same as today's position
In the next two days, it continued to break the lower track of the daily line, then hit the upper track of the daily line and fell again, without breaking the new low, and then went to the upper track of the weekly line, starting a big bull market

Second, the subsequent trend of the daily bottom in June 21
See the dotted line in the above picture, just like today
Afterwards, it hit the upper track of the daily line, and then fell back to form a new low of 288. Note that this was also a false break and fell for two days, and then it fluctuated and adjusted repeatedly for a month before going to the upper track of the weekly line.

3. The subsequent trend of the daily bottom in September 2023