The current Bitcoin market is showing an interesting trend. From a technical analysis perspective, the daily chart indicates that we may have reached a short-term bottom, which typically signals an upcoming rebound lasting 7 to 10 days. This time window may not result in a significant price increase, but it should at least help to restore market sentiment to some extent.



It is worth noting that despite the recent bearish voices, investors should instead be cautious of a potential reversal trend. Currently, pessimistic sentiment seems to have reached a certain level of saturation, and if a strong rebound occurs, it could likely trigger panic short covering, thereby intensifying the upward momentum.

From a more macro perspective, September may become a critical period for interest rate cuts, and this important factor should not be ignored. Historical experience shows that, against a backdrop of strong expectations for interest rate cuts, the market rarely experiences sustained significant declines.

Overall, while short-term adjustments are inevitable, interpreting every fluctuation as "the end of the bull market" seems a bit exaggerated. The current market trend appears to be testing investors' patience and judgment, especially for those who missed previous buying opportunities. For Bitcoin investors, maintaining calm and rational analysis is crucial to avoid making emotional decisions amid market fluctuations.
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ExpectationFarmervip
· 21h ago
BTC is still early.
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LiquiditySurfervip
· 23h ago
Endure your bitterness, the bull run will come.
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PessimisticLayervip
· 08-06 15:51
Speechless, another wave of suckers traps.
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Hussain574vip
· 08-06 15:44
Being bearish is also quite exhausting, isn't it?
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StakeWhisperervip
· 08-06 15:32
Being bearish is also quite exhausting, isn't it?
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SleepTradervip
· 08-06 15:30
How unfortunate to sink together.
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