[Trader Nachi: The market is unlikely to recover significantly before the end of the year, and crypto stocks like Coinbase and Robinhood still have downside potential] Nachi, a cryptocurrency trader who earned tens of millions of dollars during the DeFi Summer, stated that Bitcoin has fallen below the critical $100,000 level. After a brief rebound, the market has lost key pivot ranges. Additionally, the U.S. stock market has weakened due to a reduced probability of a December rate cut and the postponement of a government shutdown, with investors leaning toward year-end profit-taking. Nachi pointed out that although there is still room for the market to decline, the current crypto market has already undergone a significant correction, making it potentially too late to initiate new short positions. Comparatively, strong crypto stocks like COIN (Coinbase) and HOOD (Robinhood) still have downside potential and offer a better risk-reward ratio, but shorting the market requires flexibility. He advised investors who are not skilled at shorting to increase their cash holdings and wait for better bottom-fishing opportunities, predicting that the market is unlikely to recover significantly before the end of the year.