Where will this round fall to find the bottom?

Look at the friends who are still awake now; I guess many of them are trapped. To be honest, I have always emphasized position management and risk control. If there was no short hedge done in advance, how many people would be out on the balcony feeling the cold wind after today's 6000-point crash? This is why risk control is always the top priority—at least if you've done it, you have some peace of mind and won't panic in extreme market conditions.

To get back on track, let's take a look at the weekly chart. The price has already broken through a key support level, and based on technical analysis, the next support area is likely around 78. What's even more alarming is that theoretically, there is a downward space close to ten thousand points below.

Bitcoin and Ethereum are under significant pressure in the short term, while smaller coins like ZEC are even more volatile. Market sentiment is extremely pessimistic right now, but it is precisely at times like this that one must remain calm—cut losses if necessary, observe if needed, and definitely do not hold on stubbornly based on faith.