[Cathie Wood: The Crypto Market May Be Approaching a Potential Bottom Range] BlockBeats News, February 8, ARK Invest CEO Cathie Wood, also known as 'Wood Sister,' stated, 'The key to achieving diversified asset allocation is introducing new assets with low correlation to existing ones, and Bitcoin fits this criterion. Adding low-correlation assets can enhance risk-adjusted returns in the long term. Therefore, I believe institutions are indeed taking cryptocurrencies seriously. Previously, they may have hesitated due to the so-called "four-year cycle." Regardless of whether the four-year cycle exists, the market has indeed experienced a significant downturn and is now approaching what many technical analysts consider a potential bottom range. When approaching the bottom, the market typically exhibits intense volatility. In hindsight, people often say, "If only I had bought at that low point back then. The V-shaped rebound has been quite remarkable." Of course, this is not a guarantee of any kind, but it seems that multiple factors are gradually aligning.'