The recent downtrend of mainstream cryptocurrencies has been ongoing for some time. Bitcoin has been oscillating around the $10,000 mark, unable to break above or below; Ethereum was directly cut in half from over 4800, with a similarly alarming decline.

Every time the price drops, someone expects an immediate rebound, but the result is often a repeated test of the bottom. This cycle has repeated several times. Many people are already tired of watching, with various mindsets—some believe a major rally is coming, while others are completely disappointed.

My view is that, at this stage, it’s more like a rebound phase, and the true major trend reversal has not yet fully manifested. The bottom is indeed gradually forming, but based on the K-line structure, there are still no signals of a complete reversal.

Rather than frequently chasing highs and selling lows, it’s better to hold your positions and adjust your mindset to a “waiting” mode. Don’t break key support levels, patiently accumulate chips, and wait for the moment when the trend is finally confirmed. When that time comes, a decisive move will be more confident. The most important thing right now is not to lose your composure amid the volatility.