## Price Breakout and Structure Confirmation

In the past couple of days, the price has broken below the 90,000 level, with a low around 88,000. Honestly, from a structural perspective, this reversal is becoming increasingly clear — it has been confirmed step by step starting from the hourly chart, and now it has extended to the daily chart and larger timeframes. Overall, the bearish pattern is still ongoing.

## Reviewing the Accuracy of the Top Judgment

It’s necessary to review the previous logical reasoning. We are not just blindly calling a top at high levels; throughout the entire process of rise–correction–rise again, we have provided relatively precise judgments at each key point.

For example, at that time, we kept saying that the ceiling of the rebound was around 98,000, specifically between 98,000 and 99,000. And what was the result? The price indeed couldn’t hold steady near 98,000 and then turned downward. This laid the groundwork for the subsequent structural reversal.

## Why Low Rebound Longs Are Not Worth Betting On

Yesterday, the price clearly broke through the critical support at 94,000. Naturally, some people might think of a quick rebound after the sharp decline to go long and catch the bottom. But from a trend trading perspective, such operations are actually unprofitable and unwise.

The reason is simple — once a trend reversal or continuation is confirmed, the main approach should be to trade in one direction. Range-bound markets can switch between long and short, but when the trend is clear, especially after a volume breakout, going against the trend to catch a rebound has a very low ceiling and significant risk.

Another point is that after volume-driven decline, there has been no quick V-shaped recovery so far, indicating that the bottom has not been fully established. Trying to go long for a rebound at this point is like trying to catch a free-falling object in the rain — it’s a matter of probability.