Around 100,000 should be this year's low point. Personally, I think it's still too early to say we're in a bear market; at least there will be another wave of market activity by the end of the year. Here, the market activity refers to altcoins, specifically MEME. The upward movement of Bitcoin shouldn't be too significant, mainly fluctuating. Therefore, determining a bear market cannot rely solely on K-lines; it must also consider other reference factors. 1. We have experienced a wave of liquidation that was worse than the one on September 15. 2. There are 30 indicators for escaping the peak, and none have been met yet. 3. The Federal Reserve is still lowering interest rates, and overall, funds are still entering the market. 4. There are a lot of people predicting a bear market, and the sentiment is mostly pessimistic. 5. The Ethereum Fusaka upgrade is likely to start at the end of the year, marking another milestone event. Referring to the conditions shared in previous years, when many negative factors have already concentrated, the probability of continued explosive failures will decrease, and similarly, the impact on prices will also lessen. There are still some positive expectations by the end of the year, so stabilizing around 100,000 is also logical. Prepare your funds to seize the opportunities at the end of the year.
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