BTC's rebound today is weaker than expected.

The expected rebound around 62,500 did not happen today, so wait and see. There are places where small-level trends can be used as reference.

The previous wave of smooth decline, so the next wave will most likely be a disgusting volatile market, and it is not suitable to place orders.

The market will switch back and forth like this to mess with people, otherwise everyone will make money, so who is losing money?

The best case is to stop falling at around 57,000 or above, oscillate, give structure, and then start a bull market.

The second best case is to directly break through the previous low of 49,000, which will be very beneficial to the future market.

The most disgusting case is to oscillate between 49,000 and 57,000, which is annoying.