I noticed an interesting pattern — markets usually hit bottom not when everyone is panicking, but when panic is replaced by apathy. When hope simply evaporates. And at that moment, something important begins to change beneath the surface. What does bitcoin look like right now? At first glance, still weak. The charts are uninspiring, the news background is oppressive. But if you dig deeper, you can see that the dynamics are gradually changing. The data is no longer deteriorating as rapidly. This doesn't mean there will be a rise tomorrow. It means the probability of something new is increasing. At this stage of the cycle, for me, the main thing is not the price, not emotions, but the probability itself. Because when conviction completely disappears, the market is often close to a turning point. And what does bitcoin look like at such moments? Usually boring and hopeless. But that is exactly what needs to be seen.