The big pie has returned to around 80,000. In fact, from the trend, it seems to have a bit of a phase bottoming flavor. The previous dip looked more like a needle-like plunge, and the emotional release has almost been completed.

However, there is only a day and a half left in this month, and it is indeed quite difficult to close the month with a positive line.

The previously mentioned 78,000, as the average cost for miners, I still consider it as the last "lifeline."

So in my mind, the range around 80,000 is a phase observation zone, while 78,000 is a clear defense line.

From this structure, the current risk-reward ratio is actually quite good. Buying some big pie in two layers around 80,000 is acceptable in terms of overall cost performance.

The only thing to be cautious about is the uncertainty brought by the time window.