According to Odaily Planet Daily, Alex Kuptsikevich, senior market analyst at FxPro, said that the Bitcoin market is currently hovering near the lows of March, and the sell-off in the U.S. stock market on Monday night affected global risk appetite and reversed the initial positive sentiment. He further pointed out that the next few weeks will be a critical moment for the direction of the BTC market. A rebound from this area is expected to recover to the recent highs ahead of schedule, and a break below this level may trigger a wider range of position liquidations.