Last night until early this morning, the cryptocurrency market experienced another dip, with $BTC dropping to a price starting with 72 before rebounding to currently around $76,666.
I noticed that after the declines over the past few days, the market is clearly not paying as much attention to last night's drop; the emotional fluctuations are decreasing, there is no panic or debate, and even the "bearish interpretations" are being ignored, leading to an overall state of numbness.
This usually indicates that one of three things is happening:
1️⃣ Either the selling pressure has been mostly digested;
2️⃣ Or we have not yet reached the true "surrender moment";
3️⃣ Or the market is switching from being "emotion-driven" to "fundamentals and structure-driven."
History has proven countless times that the truly dangerous phase is often not the sharp decline, but rather when no one is discussing the decline anymore.
However, real opportunities often arise in this kind of numbness.
What does everyone think about the current market situation?
What do you think is the best bottom price for $BTC?
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