Yes

The market is likely to welcome a short-term rebound (commonly referred to as 'mean reversion'), but don't rush to go all in at once; buy in batches, control risks, and be cautious as the trend may continue to decline.
1. What is the current market situation?
Liquidation + Emotion: In the past 24 hours, $370 million has been liquidated across the network, mostly involving bullish investors (longs) being forced to close positions, with $135 million in long positions for Bitcoin alone wiped out, and 123,000 traders exiting; the market greed index is only 18, indicating an 'everyone is panicking and selling too aggressively' oversold state, and the leveraged funds have been mostly washed out, giving a strong impetus for a rebound.