Having navigated the crypto world for so many years, I've stepped into my fair share of pits—things like "thinking you've reached the bottom when you're actually still halfway up" have happened more than once, and I've also experienced the regret of "not escaping in time, leading to half of the profits being spit out." But gradually, I discovered a pattern: true bottoms and tops are never guessed randomly by luck; they all have clear identifiable features. Today, I want to thoroughly share the practical experience I've summarized over the years so everyone can learn to recognize them.

Let's start with some characteristic signs before a bottom appears:

**First Sign: Panic Selling**

The real bottom is always hammered out, and it must be accompanied by collective panic. I remember last year when BTC started to decline from $40,000. At first, many people still clung to the idea that "holding on will lead to a rebound," but then a long downward trend began—dropping a little each day, lasting over ten days. That kind of mental grinding was unbearable. Until one trading day, a huge bearish candle suddenly appeared, and the entire community was filled with voices of "cutting losses and running." This accelerated decline caused by panic actually hammered out the bottom. The candlestick patterns are very obvious—on the left side of the bottom area, there are continuous large bearish candles or clusters of bearish candles, with a rapid and fierce downtrend. When market sentiment completely collapses, the bottom is actually very close.

**Second Sign: Rebound After Panic**

After a sharp decline, the market doesn't keep falling forever. Usually, on the second or third day, a strong bullish candle will emerge, sometimes even swallowing the previous large bearish candle. I vividly remember the SOL drop to $80, where collective panic drove the price down to $75, then the next day, it rebounded to $85, forming a beautiful large bullish candle. The significance of this candle is huge—it indicates that big funds have started to step in and buy, marking the beginning of a rebound on the right side of the bottom. When you see such a bullish pattern, you can generally be confident that the bottom is near.

**Third Sign: Support Levels Will Not Be Broken**

No matter how frightening the decline, the true bottom will never break through key support levels. These supports could be long-term horizontal price ranges from previous consolidations, technical supports like the yearly or half-year moving averages, or even psychological levels like BTC’s $20,000 or ETH’s $1,500. Taking BNB as an example, when it fell to $200, it just hit the cost basis of long-term holders, and then it rebounded smoothly. This support zone acts like a "safety line" at the bottom—prices won't easily break through it.

**Practical Usage Is Actually Very Simple**

Instead of relying on complicated technical indicators, it’s better to remember these features and observe them repeatedly in actual market movements. I used to guess and rely on luck, but after adopting this approach to identify bottoms, my success rate in catching the bottom clearly increased. Don’t rush to learn everything at once; watch multiple market cycles, compare them with these features during practice, and over time, you'll get a good grasp of the key points. Once you can consistently recognize bottom characteristics, your survival ability in this market will reach a new level.