Big opportunities always come after a major crash. Here's an updated version of the K-line trend chart I drew earlier. The top resistance line runs through 2017, 2021, 2024, and 2025. So far, the resistance has proven to be completely effective—this is the charm of K-lines. Bitcoin hit $120K for the first time in August, and then made a second attempt at $120K in October. But due to a black swan event, it dropped to $100K and is now fluctuating around $110K. First of all, I want to emphasize that after every black swan event, there’s never an immediate reversal. Looking back at history—94, 519, 312, the Luna crash, the FTX collapse, the Japanese bank crisis, and other correction cycles—there’s never been a V-shaped recovery, whether in a bull or bear market. Most of the time, there are several bottom-testing attempts. However, I believe that since we’re still in a rate-cutting cycle, the extreme low for this correction should be around $100K, followed by a gradual rise in the bottom level. If it hits $100K, remember to buy the dip.