The bottom of the market cannot be determined in a short period of time. It usually takes a long period of repeated testing to finally form a consensus. The current market shows that after falling below 55,000 last week, it quickly rebounded to above 55,000, indicating that there is indeed strong support near 55,000, but further confirmation is needed.
At the 4-hour level, the second confirmation of the bottom support position is in progress. Investors are advised to remain patient and wait for the bottom support to be fully confirmed. The market is likely to show a retaliatory rebound. At this time, you can consider adopting a short-term fixed investment or a buy-on-dip strategy, and it is expected that there may be better returns in the fourth quarter.
In addition to the mainstream market, sats, altcoins, are currently showing a certain degree of heat, and their performance may continue to be paid attention to in the future.
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