To be honest, the current market trend is definitely downward. But how it drops can be manipulated endlessly. For example, last night after the initial high open, it could have gone straight down, but ETH and SOL ended up pushing altcoins to hit another high point. People might not truly understand how scary the current liquidity shortage is. To give you an example, it used to take 2,000 BTC to manipulate the market, but now it only takes 500. So the change this brings is that the whales can easily manipulate a short-term direction. Today’s drop, as you’ve seen, is just continuous oscillation downward. If there are too many people trying to catch the bottom, they can directly manipulate it further down to liquidate positions, until a consensus is formed at a certain level—or until the downward trend stops being profitable—then it’ll bounce back up for another push. This is the cruelest kind of oscillating market. What can retail investors do? Honestly, this market is already 90% close to gambling. The only advice I can give is: move less, observe more, set your stop-loss, and survive. Survive, survive, survive—only then can you catch the bottom.