Based on the previous two market cycles, the bottom levels of Bitcoin were at 80 and 78 respectively. In this decline, many people are worried that there might be another shakeout, but from the current technical perspective, the 85 to 86 range is very likely the bottom. Once it stabilizes here, the next market movement will be interesting — this deep shakeout may just be a preparation for a surge towards 100,000. The bullish long-term trend remains unchanged; the key is whether the support can hold within this range.