Today's market sentiment remains shrouded in extreme panic (16), with surging weekend selling and rampant short pressure. However, beneath the surface, the 4-hour MACD multi-period moving averages have quietly formed positive resonance, showing technical bottom-building signals; BTC's key defense line at 70K remains rock solid, with ETF funds showing net inflows exceeding $500 million for three consecutive days in reverse trend, indicating clear institutional bottom-fishing intent.

The current market is in the final stage of irrational selling, but sentiment recovery still requires time.

Operation suggestions: Avoid blindly chasing shorts; focus on defensive counterattacks, ride waves along key support levels, and strictly maintain position size within 30%. Bear markets have long bullish candles, bull markets have sharp pullbacks—patiently wait for right-side signals to emerge.

Remember: Those who dare to deploy during crashes will have the last laugh.