Yesterday, Bitcoin once fell below the 60,000 mark, but then quickly rebounded, accompanied by the contract liquidation phenomenon and the contract funding rate also turned from positive to negative.
Although the market may test below 60,000 again, or even briefly fall below the previous low of $56,600, the decline is expected to be limited. Now it should be noted that many altcoins have begun to perform better than Bitcoin and have not followed the new low.
It may not have reached the absolute bottom yet, but the strategy of placing orders in batches can be implemented
Please note that investment is risky and the market is highly volatile. The above content is for reference only. Specific investment decisions should be made based on personal circumstances
