Has the market hit a phased bottom?

At present, BTC has fallen below $80,000 again, and the panic in the market has intensified, and the Panic and Greed Index has fallen to 24, indicating a serious lack of investor confidence. Historically, the market is often a potential stage bottom in times of extreme panic, but whether it has bottomed out needs to be combined with many factors, such as macroeconomic trends, liquidity environment, market sentiment and on-chain data.

First, fears of a global recession did weigh on the performance of risk assets, with increased risk aversion leading to weaker BTC. But on the other hand, the Bitcoin halving is approaching, the long-term supply and demand logic is still favorable, and the layout of large institutions is still ongoing, which indicates that the market may be in the stage of shock bottoming, rather than unilateral downside.

At what price to enter the market and buy the bottom?

At present, the price of BTC fluctuates violently, and short-term operation is risky. For dip buying, I will pay attention to the support in the $73,000-$75,000 range, and if BTC continues to fall, the $70,000 round figure mark will be a key psychological level. In the event of a breakdown, the 68,000-69,000 support zone needs to be watched. If there is significant buying support in the market at these levels, and volume is amplified, I would consider entering the market in batches gradually.

What currencies do you plan to deploy?

BTC: As a market leader, the long-term value is unquestionable, and the main funds are still concentrated in BTC, and any correction is an opportunity for long-term holders.
ETH: The Ethereum ecosystem is still strong, and although the market has doubts about its competitiveness in the near future, Layer 2 and staking rewards are still important to watch in the future.
SOL: The recent pullback is large, but the ecological activity is still high, and if the market recovers, SOL may have good rebound potential.
RWA track: The concept of real world assets (RWA) is still a trend to watch, and projects like MKR and ONDO have some growth potential.
Coins related to AI narratives: The AI track still has a large market heat, and tokens such as FET and AGIX deserve continued attention.
summary

The current market is still in the correction stage, and more signals are needed to confirm whether it has completely bottomed out. My personal strategy is to avoid short-term chasing up and down, but to buy low in batches at key support levels, while strictly controlling positions and risks. The key is to wait patiently for the right entry opportunity, rationally allocate potential coins, and manage funds to cope with possible further market fluctuations.
#加密市场进入熊市了吗