This round of dumping must have made everyone full and satisfied, right? Recently, Old Black has been emphasizing bearish outlooks and shorting strategies. Yesterday's drop was even more outrageous, falling all the way down without looking back, with even mindless shorts turning into long opportunities. If anyone still hasn't caught this drop, there's really no point in staying in the market anymore.

Currently, it looks like this round has broken below the previous bottom again, breaking through multiple key support levels. The technical picture shows a clear bearish trend. Although there was a rebound to around 67K for a weak correction, this is a typical oversold technical rebound, but the downward trend has not reversed. Watch the 68,000-68,600 zone for strong resistance during the day. If the bulls can't break through after persistent efforts, there's a high probability of testing 66,000 again or even lower.