In February, the search popularity for "Bitcoin zeroing" in the United States reached a historic high! This Spring Festival period has been the least volatile in nearly five years, with liquidity significantly decreasing, and ETF funds continuing to experience large outflows! Signs of bottoming out are still not obvious, as trading volume sharply declined during this Spring Festival, and the market remains sluggish! Although there is a slight rebound now, the overall bearish outlook remains unchanged.