During the holiday period, Bitcoin and Ethereum indeed did not experience the rebound or upward trend seen during previous Spring Festivals, but they are currently still in a range-bound oscillation. This also indicates that analyzing the market cannot rely solely on past patterns or historical laws; it must be understood that this bull market is indeed different from previous ones.

From the daily chart, Bitcoin broke below $65,000 yesterday, reaching a low of $63,950, but quickly recovered and is now oscillating around $65,000. The daily level shows a trend of stabilization after a decline, with a high probability of continued oscillation.
Let's also look at the Fear & Greed Index. Today, the fear index reached 5 (Extreme Fear). This level of fear has only appeared once before since 2019, indicating that the market's panic sentiment has also reached an extreme, even to the point of despair! Yin generates Yang, Yang generates Yin, there is no beginning and no end—this is the law of heaven, and the crypto market is no exception.
Therefore, breaking below $65,000 does not mean the end of the trend. In this oversold bottoming phase, combined with extreme panic and despair, it may even brew a market movement that exceeds most retail investors' understanding and defies human nature.