#比特币市场周期 After looking at Santiment's analysis, social media panic sentiment has not yet reached the necessary level, which means the market's true bottom may not have arrived. The figure of 75,000 is right in front of us, and with a current decline of 14.77%, it indicates there is still ample downside potential.

The key point is that this statement hits the pain point of our copy trading—most people are still optimistic at this moment, expecting a short-term reversal. Anyone who has experienced several cycles knows that the real bottoming process is often accompanied by a full release of pessimistic emotions. Since we haven't seen that sense of despair yet, it means we haven't reached that point.

From a copy trading perspective, this time window is interesting. One group of traders is starting to position in the bottom range, while another continues to miss out, waiting for even lower prices. My strategy is layered copy trading—keeping an eye on experienced traders with a history of bottom detection, but with a conservative position size; at the same time, paying attention to traders who are firmly shorting with clear stop-loss setups, as they usually have a sharper sense of cycle rhythm.

Fidelity calls for 65,000, Bitwise predicts a year of growth, and major institutions are debating wildly. But this precisely confirms the market's chaotic expectations—true consensus has not yet formed. In this situation of divergent predictions, the core of copy trading is to find traders with solid risk management, rather than chasing high-leverage traders' momentary impulses. The bottom often forms when things are at their most uncomfortable—now is exactly the time to test your execution ability.