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These past few days, the market has been a bit strange. BTC clearly no longer wants to follow the US stock market. When the US stocks fall, it indeed drops, but it quickly rebounds after falling, and when the US stocks rebound, it can rebound strongly!
In one sentence, it seems like it doesn't want to fall anymore!
The current market has changed, it's different from before. Rigid cycle analysis is no longer realistic, claiming that cycles are useless is also not realistic. Perhaps, at this stage, it's the result of a tug-of-war between cycles and institutional funds.
No one can truly predict the bottom; only human sentiment can be predicted. When panic reaches its peak, that's when you should buy the dip. This bottom must have value for money!