There is no bottom, there is no bottom, there is no bottom—say it three times. Many people see Bitcoin struggling to break 60,000 and are starting to get impatient and act. I advise you to hold your horses first, be patient, and finish reading this message before deciding whether to buy or not.

First, let's talk about the timeline. Bitcoin dropped from the high of 126,000 on October 7 last year, and it’s only been about half a year since then. Think about it—can a full round of shakeout really end so quickly? There are still many people stuck at high levels in the market, having not cut their losses, and the chips haven't been fully exchanged. How can it be bottoming out? Honestly, if Bitcoin can stay in this range without making new lows by October this year, I would even start building a position now. But now? Forget it.
Second, do the math on the decline, and you'll understand. From 126,000 down to just over 60,000, it’s basically halved—what’s that, just a drop of over 50%? And that’s just the beginning. Look back at previous bull markets—wasn’t each one only bottoming after falling more than 70%? At each peak of the bull market, someone was shouting “eternal bull market,” and what happened? Every time, it fell so hard that people were crying and screaming. Why should this cycle be any different?
Finally, look at the overall environment. The global situation is so chaotic right now, I don’t need to say much. The US stock market is still hanging at high levels, not yet corrected properly. With an unstable macro environment, how can Bitcoin remain unaffected? Even if 60,000 is truly the bottom, remember this: before a bull market begins, there will definitely be a false breakout—designed to shake out those eager to buy the dip. So don’t rush; there will definitely be opportunities.
Here’s a table shared by another group member for everyone to take a look.