Has Bitcoin reached its bottom? There have been various on-chain data analyses recently. What I want to say is that Bitcoin is at least in the bottoming stage now. It is still in the process of repeatedly verifying the bottom support, so it takes some time.

At the 4-hour level, it can be understood as the bottom continuous support stage. Although there are currently 2 effective supports, it still needs to fluctuate and adjust repeatedly before the market can reach a consensus.

In the past two days, the sats and rats of the Bitcoin ecosystem have performed well, probably because sats has the expected bonus of unisat in September, which has led to the rise of some memes such as rats.