Placeholder partner: If the crypto market drops again, it will increase accumulation, and the narrative of "BTC is dead" may reappear below $50,000. Placeholder partner Chris Burniske tweeted that he is not a buyer at the moment, but believes the key Bitcoin price levels worth watching include: 1. About $80,000: This is the low point in November 2025, a local low in this round of the "bear market." 2. About $74,000: This is the low point in April 2025, also the low point of the "tariff panic," slightly below Strategy's cost basis (around $76,000). 3. About $70,000: The top of the $50,000-$70,000 range is roughly close to the high point in 2021. 4. About $58,000: This is the 200-week simple moving average (SMA) and on-chain cost basis. 5. About $50,000 and below: This is a psychological bottom price level, and falling below this level will again bring up the narrative of "BTC is dead." Chris Burniske stated that if the market rebounds from the current position, he will continue to hold existing assets and diversify his portfolio; if the market drops, he will buy more Bitcoin and specific crypto assets.