The current bull run for BTC is basically over, and a Bear Market is highly likely to start, but it is not yet a "time to escape."

There are two key bases: one is the qualitative change in the nature of funds, with no fatal macro bearish factors yet no rebound, leading some funds to choose to permanently exit the market rather than temporarily hedge; the second is that the weekly ASR bull-bear line has been effectively breached, and historical data verifies this as a strong signal for the onset of a Bear Market.
Subsequent trend: In the short term, there is a high probability of a strong pullback rebound window, which belongs to the emotional repair stage of tentative capital return, and the main downtrend wave has not yet begun.
Personal suggestion: abandon blind bottom-fishing and panic selling; the core is to control positions, maintain patience, closely monitor the rebound window, and prepare in advance for the trend changes in the next phase. #加密市场观察