Lack of rebound strength, and this is at the critical point of the bull-bear transition. This kind of momentum completely lacks the support to trigger a V-shaped rebound, so the only option is to continue the downward move, thoroughly crushing the last illusion of a continued bull market among the bulls. If this wave declines as expected, it will essentially confirm the start of a bear market. Once the market stabilizes, look for entry points to rebound. The time spent at the lows of the bear market tends to be longer than at the highs, so the trading strategy should mainly focus on shorting from high levels. Since lows will be tested repeatedly, there's no need to rush into positions. I’ve been in the industry for 8 years, experienced 3 bull and bear cycles, and I hope my experience and trading ideas can help everyone. I will regularly share insights in the future. Welcome everyone to like, comment, follow, and help me gather data. I will also occasionally host live streams to invite everyone for discussion and progress.