Will it fall again? When will it bottom out?

If BTC continues to fall like this, it really depends on 48,500. If it goes beyond this level, panic may intensify, and the major adjustment of this round of bull market may intensify!

Market sentiment will also change rapidly. At present, small investors are frantically selling and waiting, wanting to form a group, asking everywhere whether it will fall again. Large investors have already started to enter some of their positions! Although the market is falling, the purchase volume of stablecoins such as USDT continues to increase, and even intensifies. From this point of view, everyone is waiting for opportunities to buy at the bottom, and eat a lot in one wave, right?

However, this round of bull market cycle is a major adjustment and wash. I think it is normal to fall to around $46,000. This kind of correction is common in bull markets. In bull markets, a 30-40% drop may occur without disrupting the overall upward trajectory. Understanding the "normal" Bitcoin correction

Historically, Bitcoin has experienced several major corrections in each growth cycle. These adjustments (prices may fall by 30-40%) are considered "healthy" and part of the natural rise and fall of the market.

In this round of bull market, various financial institutions are competing with each other, and the situation is intertwined. Even two major adjustments are possible. If you have small funds, don't be careless. If you have millions of U of funds, you can build a position according to the 1, 2, 3, 4 position management methods!