Bitcoin around 75,000 is the bottom of last year's decline. There is some support here. I suggest everyone make a rebound from this level. Currently, Bitcoin has rebounded to 77,000, already showing significant unrealized gains. However, the most ideal rebound target is close to 80,000. Once it reaches this level, you can consider exiting or even shorting.

Outside the crypto world, the US stock market has become a concern for institutions. The need for a correction is growing. Precious metals have already triggered a market crash. If the US stocks continue to decline tonight, it might slow down the correction in the crypto market. But as long as Bitcoin doesn't fall below 74,000, I believe the chances of a successful rebound are quite high. At worst, if it breaks below, set a stop-loss—accept a small loss to gain a larger rebound. The risk-reward ratio is worthwhile.

In the long term, the crypto market still hasn't bottomed out. The US stock market faces increasing correction pressure, and there will be no rate cuts in the next four months. Downward pressure is obvious. The bottom is still expected to be around 50,000 to 60,000. Successfully bottoming out will be our biggest opportunity this year.