Banmu Xia: Bitcoin's 8.05 level can basically be confirmed as a significant low point in this bear market, and may even be the lowest point.

Odaily Planet Daily reports that Banmu Xia posted on social media: "The time for Bitcoin to be loaded has arrived! 8.05 can basically be confirmed as a significant low point in this bear market, perhaps even the absolute bottom. However, this does not mean the bear market is over. This bear market has been running for over three months and may continue for another three to four months, but it is a sideways bear market! (ps: This is just an analysis; specific trading requires a well-thought-out entry and exit plan. However, spot trading is a safe bet to buy and hold until the next bull market ends.)"