As long as it doesn't break through the previous low, the Bitcoin BITCOIN wave may still follow the same pace as in 2023. Once it falls below, it means that the rhythm has broken and the structure has failed. The next step is either to rebuild the new box or to directly follow the downward trend, which is no longer a 'replica', but a re pricing. My personal thought process: Respect rebound before confirming that the structure is not damaged; Once the break is confirmed, switch directly to defense without hesitation.