#市场触底了吗？ Mainstream cryptocurrencies continue to retrace, but it is still uncertain whether the market has bottomed out. Caution is advised when trying to catch the bottom!

Market Strategy

Approach One: Focus on key levels and follow the trend
This approach emphasizes technical analysis, believing that close attention should be paid to several core price levels.

Resistance levels to watch for a bullish breakout:
Bitcoin: Needs to effectively break through the $92,000 - $94,000 range to establish upward momentum.
Ethereum: Needs to recover above $3,200 and stabilize to potentially reverse the short-term downtrend.
Support levels to watch for a bearish move:
Bitcoin: If it continues to break below the $88,000 - $89,000 range, it may further decline to $85,000 or lower.
Ethereum: $3,050 and $3,000 are critical supports; losing them could open up larger downside space.

Approach Two: Contrarian positioning, viewing current as an opportunity
Some investors and institutions see value in the decline.

“Bottom-fishing” view: The founder of Crypto Capital publicly stated that large whales are continuously buying ETH and believes that the current range is the best zone for spot buying.
· Long-term optimism: VanEck analysts believe that although short-term volatility is high, the long-term bull market logic for Bitcoin remains unchanged, including its anti-inflation properties and increasing global applications. Standard Chartered has lowered short-term targets but still predicts Bitcoin reaching $150,000 by the end of 2026.

Approach Three: Stay cautious and adopt a wait-and-see attitude
Given the uncertainty, some viewpoints lean towards caution.

In summary, the current market is at a critical juncture of technical and macro battles. For short-term trading, the key is to observe the gains and losses of the above support and resistance levels. For long-term investors, it is necessary to weigh macro risks against the long-term value of assets.