The recent trend looks very much like the continuous decline after May 19. When do you think it will hit the bottom and rebound? I feel this time is different from May 19. Although it is essentially still about deleveraging, May 19 was a major correction after all sectors experienced a surge, while the current situation is just deleveraging before a rise. 90% of altcoins haven't really increased much; they've just started to move a little, so the context is different.

So what do you think about the subsequent trend? When will it reverse? The leverage positions seem particularly low right now. How long do you predict it will be before the continuous decline ends?

Now we are just waiting for BTC to lead the market into the next round of trends. Based on past experiences, for example, from December 2020 to January 2021, it oscillated for about a month. This adjustment has already lasted for 13 days; if it oscillates for another half month, it might be about ready. During this period, keep your mindset steady; opportunities will arise after the oscillation!