In the recent wave of market activity, an interesting phenomenon is worth noting—BCH established a short position at the 565 level and secured a profit of $12,000 in less than 24 hours. What does this reflect?

The earlier positioning the night before indeed allowed follow-up traders to reap benefits. A gain of 84,000 RMB is enough to improve one's quality of life. But more importantly, it reveals the underlying logic—when market sentiment is extremely pessimistic and the market experiences a sharp decline, it is often a window for whales and smart money to build positions.

The current situation is: the market is indeed bloodied, with all kinds of assets generally pulling back. Many retail investors are caught in panic at this stage, while institutions and seasoned traders are preparing their next move. This is the eternal game of the market—when most people are selling, some are already thinking about how to recover their losses.

Next, focus on which strong cryptocurrencies might become the vanguard of the rebound. The macro environment, including the Fed's rate cut expectations and the SEC's push for innovative crypto regulation frameworks, is providing support for the formation of a market bottom. Experienced traders are already screening for promising targets, preparing to seize opportunities in the next cycle.

Market volatility often unfolds like this—some buy the dip in panic, others pull out during the rebound. The key is to understand the rhythm of the market, rather than follow the crowd's emotions.