According to ChainCatcher, 10x Research released a report saying that Bitcoin is expected to fall back to the trading range of $50,000 to $60,000. The rebound after the crash on August 5 will stagnate near the resistance zone between $60,000 and $61,000. This slowdown may reset oversold technical indicators, increasing the possibility that Bitcoin may retest the lows of around $50,000 on August 5, a move that will catch many people off guard. There are still profit opportunities in the cryptocurrency market, but the timing is not ideal.