The current market exhibits a weak oscillation pattern  
Unlike the strong performance in the past when a 10,000-point plunge could be recovered within the day  
Recent rebound momentum continues to weaken  
High points are gradually shifting downward

From on-chain data observations  
More than half of the network’s mining machines have reached their shutdown price  
Coupled with the panic index hitting a yearly low  
The spot market has entered a value depression zone

Bitcoin’s key technical level at 74,000 USD  
Trendline lower support near 75,500  
If it effectively breaks below, positions can be built in batches,  
Targeting the 81,000 USD goal area  
Mid-to-long-term investors can deploy in batches,  
No need to overly chase precise bottom-catching